(Bloomberg) -- The South Korean won climbed after a
central bank report showed consumers were the most optimistic in
15 months in the second quarter.
Growth in Korea's gross domestic product is likely to
strengthen ``gradually'' over the rest of 2007 as domestic demand
picks up, the Organization for Economic Cooperation and
Development said June 20. The won rose to a one-month high June
20, two days after the Finance Ministry said consumers are
supporting the expansion in Asia's third-largest economy.
Read more at Bloomberg Currencies News
central bank report showed consumers were the most optimistic in
15 months in the second quarter.
Growth in Korea's gross domestic product is likely to
strengthen ``gradually'' over the rest of 2007 as domestic demand
picks up, the Organization for Economic Cooperation and
Development said June 20. The won rose to a one-month high June
20, two days after the Finance Ministry said consumers are
supporting the expansion in Asia's third-largest economy.
Read more at Bloomberg Currencies News
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