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2010.11.0803:18:00UTC+00South Korean Won Slides Against Dollar; Forex Authorities spotted buying Dollars

News:

The won was expected to stay in a tight range as the bullish trend fed by on an appetite for the country's assets among foreign investors was expected to be offset by concerns about capital controls
The won ended domestic trade down 0.6 pct at 1,113.5 per dollar from Friday's domestic close of 1,107.3
The authorities were spotted buying dollars to force the won to stay weaker than 1,110 vs the greenback, dealers said

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