South Korea’s won and the Taiwan dollar gained the most in at least seven months this week amid capital inflows, while India’s rupee retreated after the biggest quarterly advance since 2012.
South Korea’s won gained the most in more than a week as global investors bought local equities after U.S. consumer confidence rose to the highest in six years.
South Korea’s won headed for the biggest weekly decline in almost two months as slowing growth in the nation’s largest overseas market prompted investors to seek safer assets.
South Korea’s won touched a one- week low as investors avoided riskier assets on indications of a slowdown in China, the nation’s largest overseas market.
South Korea’s won fell from a two- week high as data from the U.S. supported bets the Federal Reserve will continue to trim monetary stimulus.
South Korea’s won fluctuated between gains and losses as investors refrained from taking positions before the Federal Reserve’s policy meeting next week.
South Korea’s won declined the most in a week as an increase in new U.S. home purchases that beat estimates supported the dollar.
South Korea’s won headed for the biggest weakly decline in a month as data from China and the U.S. missed estimates and minutes of the Federal Reserve’s January meeting showed support for stimulus cuts.
Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on Jan. 29.
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