The currency of South Korea touched its top value since 2008 against the world's reserve currency on Monday, according to Bloomberg.
The won was set to mark its biggest quarterly advance in three quarters after the nation released economic data noting its current-account surplus expanded.
"The won's strength this quarter stems from the dollar's weakness as well as Korea's persistent current-account surplus," strategist Jeon Seung Ji with Samsung Futures Inc. in Seoul told the news source on Monday. "The currency may find it difficult to match the same pace of gains next quarter as intervention concerns are high."
The monetary unit pushed ahead about 0.2 percent against the U.S. dollar as the trade week began, which also marked the final day of the first half of 2014. Thus far this month, the won has risen about 5.2 percent against the greenback, distinguishing itself as the top-performing currency of 31 followed by the news service.
The Associated Press reports an official with the South Korean Defense Ministry said North Korea fired two missiles into eastern waters on Sunday, which the southern nation considers an act of provocation.
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