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South Korean won firmer against dollar after Yellen

South Korean won firmer against dollar after Yellen

SEOUL: The South Korean won firmed against the dollar on Wednesday, tracking broad weakness in the greenback after Yellen held back from giving a clear view on the timing of the next US rate hike.

The local currency was quoted at 1,103.8 to the dollar as of 0200 GMT, compared with 1,109.9 seen at the end of Tuesday’s session.

March futures on three-year treasury bonds added 10 basis points to trade at 108.50.