May 15, 2015 / 2:21 AM / 2 years ago

S.Korean won down ahead of the BOK's news conference

By Yeawon Choi
    SEOUL, May 15 (Reuters) - The South Korean won edged
down early on Friday as investors were waiting for the news
conference by the Bank of Korea's governor after the central
bank held interest rates steady.
    The won was down 0.1 percent at 1,091.7 to the
dollar as of 0203 GMT from the previous close at 1,090.5.
    Bank of Korea Governor Lee Ju-yeol is due to hold a news
conference from 11:20 a.m. (0220 GMT).
    Meanwhile, Seoul shares were almost flat, with the Korea
Composite Stock Price Index (KOSPI) at 2,110.99 points,
compared with Thursday's close at 2,120.33.
    Samsung Life Insurance Co Ltd was down 4.3
percent after E-Mart Co Ltd, South Korea's largest
hypermarket operator, and department store operator Shinsegae Co
 sold $619 million worth of their holdings in the
company.
    June futures on three-year treasury bonds were down
0.1 points at 108.78.
                      0203 GMT     Prev close
 Dollar/won            1,091.7        1,090.5
 Yen/won            9.1408/456         9.1242
 *KTB futures           108.78         108.88
 KOSPI                2,110.99       2,120.33
    
 * Front-month futures on three-year treasury bonds 

 (Editing by Choonsik Yoo and Eric Meijer)

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