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USDKRW opened at 1122.0 today before.....>

KOREAN WON
KOREAN WON: USDKRW opened at 1122.0 today before recovering some losses to trade
at 1123.85 last, down 0.35% on the day. 20-day export growth collapsed to 1.0%
y/y from 5.6% last month as global trade concerns weigh on the economy. 
- The pair has struggled for direction over the second half of the year as
investors have increasingly seen the country as somewhat of a safe haven as
evidenced by still-low CDS spreads.

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