korean won

Asian currencies climbed, led by the Korean won, as speculation U.S. bank finances are improving helped counter concern about a deepening global recession. The won rose for a fourth day, the longest winning streak this year, after Citigroup Inc. said it was having its best quarter since 2007...

South Korea’s won and Malaysia’s ringgit strengthened as speculation a U.S. economic stimulus plan will be approved helped damp risk aversion. Currencies and shares in most Asian markets open for trading advanced after U.S. President Barack Obama lobbied lawmakers yesterday to win support for...