South Korea Won, Stocks Drop on Concern North to Conduct New Nuclear Tests

The currency fell for a second day, while the Kospi stock index declined for four straight sessions after Yonhap News Agency reported South Korea isn’t ruling out the possibility the North will conduct further nuclear tests. The impact on financial markets from the nuclear test will be “limited,” Vice Finance Minister Hur Kyung Wook said.

Publishing Date: 

26/05/2009
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