During early deals on Wednesday, the South Korean won declined to a 2-day low against the US dollar as a fall in Asian stock prices reduced the appeal of the nation's assets. The won also showed weakness against the Japanese yen.
Asian markets retreated today as Japanese automakers fell on Toyota's big loss and investors waited for a U.S. employment report to shed light on how quickly the world's biggest economy can recover.
The Korean benchmark KOSPI closed at 1,559.47, down 6.90 points or 0.44% from its previous close.
The South Korean won declined to a 2-day low of 1226.60 against the US dollar at 2:55 am ET Wednesday. The next downside target level for the South Korean currency is seen around 1236.0. The dollar-won pair closed Tuesday's North American session at 1218.30.
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