SEOUL: The South Korean won closed higher against the dollar on Monday, tracking fast increases in the yen as broad risk-off sentiments triggered a safe-haven rally in the Japanese currency.
The won was quoted at 1,080.8 to the dollar at the conclusion of onshore trade, compared with 1,084.1 at the end of Friday’s session.
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South Korean shares closed nearly unchanged on Monday, with investors curbing riskier bets after an election victory by the anti-austerity Syriza party in Greece rekindled worries over instability in the euro zone.
