2008.12.1502:01:00UTC+00South Korean won edges down against US dollar

The South Korean won edged down against the US dollar during early deals on Monday. At 12:50 am ET, the won reached a high of 1369.40 against the dollar, moving down from a high of 1329.60 hit earlier today. The dollar-won pair closed Friday's North American session at 1369.40.

The Bank of Korea said today in a report that import price annual inflation in local currency terms slowed to 32% in November from 47.1% reported in October. On a monthly basis, import prices were down 6.6% compared to an increase of 4.1% in October.

Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved