Market jitters
Published: 02 Nov. 2016, 20:38
KEB Hana Bank employees work at the headquarters in Jung District, central Seoul, on Wednesday. The benchmark Kospi fell to a four-month low, dropping 1.42 percent, or 28.45 points, to 1,978.94, compared to the previous trading day. The Korea Exchange said the fall in the market might be due to political uncertainties such as the upcoming presidential election in the United States and the ongoing Choi Soon-sil scandal in Korea. The won also weakened 1.1 percent to 1,149.8 per dollar, hitting the lowest level since July 12, when the rate dropped to 1,152.70. [NEWSIS]
with the Korea JoongAng Daily
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