Won gains 24% on yen in early May

05/19/2013 | Yonhap News Agency (South Korea)

In just the first two weeks of May, the South Korean won has gained 24% on the yen, further raising fears that Korean exports will suffer. Earlier predictions that the yen's fall would begin to abate later this year are giving way to the fear that the pace of decline will be extended.

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Yonhap News Agency (South Korea)

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