Korean Won May Advance as Quickening Economic Growth Will Attract Inflows

(Bloomberg) -- South Korea's won may rise for a
third day on speculation accelerating economic growth will
lure investments into the nation.

Overseas fund managers bought more stocks than they sold
for the first day in three as Lim Jong Ryong, director
general of the finance ministry's economic policy bureau,
said today that the Korean economy is recovering faster than
expected. The won gained yesterday after the government
increased its 2007 growth forecast.


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