finance
South Korean Won Falls to 2009 Lows as Foreign Investors Sell Stocks and KOSPI Drops 5.54%
The won closed at 1,539.1 per dollar on June 5, its lowest since March 2009. Foreign investors sold 3.5 trillion won of local shares, extending a 20-day selling streak.
Jun 5, 3:32 AM·1m read1 source
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U.S. dollar since March 2009 on June 5. 4 won from the prior session, Yonhap reported. 7 won from the previous close.
3 billion, of local stocks on June 5. The sales marked the 20th consecutive trading session of net foreign selling, Yonhap said.
59. The benchmark index drop coincided with the currency's decline.
U.S. Dollars as foreign investors continued to sell local stock holdings. 22 billion from the previous month, Bank of Korea data showed. The reserves increased even as authorities have pledged to address excessive foreign-exchange volatility.
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