(Bloomberg) -- South Korea's won rose to near the highest in more than three months as a central bank report showed the economy extended the longest expansion in a decade.
Increasing overseas sales will boost demand for the local currency from exporters and support the stock market, which reached a record yesterday. The won has gained 1.5 percent this month as global investors bought $2.81 billion more Korean equities than they sold, more than 10 times the net purchase for the entire first quarter, stock exchange data showed.
Read more at Bloomberg Currencies News
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