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SEOUL Feb 10 The South Korean won
finished at its lowest in a week on Friday, as the dollar was
supported by U.S. President Donald Trump's promise to announce
tax reform plans to lower the burden on businesses.
The won was quoted at 1,150.6 to the dollar at
the conclusion of onshore trade, down 0.4 percent compared to
Thursday's close of 1,145.8.
The local currency shed 0.3 percent for the week, snapping
five straight weeks of gains.
South Korean shares, however, edged up as Wall Street firmed
on Trump's comments.
The Korea Composite Stock Price Index (KOSPI) closed
up 0.5 percent at 2,075.08 points.
Foreign investors were net sellers, offloading 105 billion
won ($91.4 million) worth of KOSPI shares for the day.
(Reporting by Dahee Kim; Editing by Jacqueline Wong)