(Bloomberg) -- South Korea's won is likely to
extend its gains from the strongest in seven months as the
economy expands and overseas investors buy the nation's equities,
HSBC Holdings Plc said.
The won may advance to 905 against the dollar by the end of
this year, said Richard Yetsenga, a Hong Kong-based strategist
at Europe's biggest bank by market value. The currency has risen
1.3 percent this year as growth in Asia's third-largest economy
picked up and foreign funds put money into the stock market.
Read more at Bloomberg Currencies News
extend its gains from the strongest in seven months as the
economy expands and overseas investors buy the nation's equities,
HSBC Holdings Plc said.
The won may advance to 905 against the dollar by the end of
this year, said Richard Yetsenga, a Hong Kong-based strategist
at Europe's biggest bank by market value. The currency has risen
1.3 percent this year as growth in Asia's third-largest economy
picked up and foreign funds put money into the stock market.
Read more at Bloomberg Currencies News
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