Wednesday, July 6, 2016

S.Korea won, stocks rise as near-term Fed rate hike seen unlikely

* Won and KOSPI rebound from previous sharp decline

* Samsung Elec marks highest quarterly operating profit in 2

years

SEOUL, July 7 (Reuters) - The South Korean won and

shares rebounded early on Thursday as minutes of the U.S.

Federal Reserve's June meeting released overnight suggested the

Fed will not raise interest rates anytime soon.

The won was quoted at 1,157.3 to the dollar as of

0242 GMT, up 0.7 percent compared to the previous close of

1,165.6.

The Korea Composite Stoc

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