Won May Weaken to 1170 Versus Dollar by Year End

Won May Weaken to 1170 Versus Dollar by Year End Play

July 11 (Bloomberg) -- Kwon Young Sun, a Hong Kong-based economist at Nomura Holdings Inc., talks about South Korea's economy, central bank monetary policy and the won. The Bank of Korea held its interest rate unchanged for a second straight month, as it gauges the effect of a May cut in boosting growth that is clouded by a surge in bond yields and a slowdown in China. Kwon speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

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