Sunday, May 1, 2016

S.Korea won pares losses from U.S. exchange rate report, stocks down

* U.S. Treasury places S.Korea on new monitoring list

* KOSPI set to mark a fourth losing session

SEOUL, May 2 (Reuters) - The South Korean won opened

lower on Monday after the U.S. Treasury put the country on a new

monitoring list in a biannual report on exchange rates, but the

currency pared losses by midday.

The won was quoted at 1,139.8 per dollar down 0.1

percent compared to Friday's close of 1,139.3.

The Treasury report said South Korea has a significant

bilateral trade

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