* Won falls by near 1 pct on high possibility of Fed rate
hike
* KOSPI pares losses on offshore monetary income
SEOUL, May 30 (Reuters) - The South Korean won fell
sharply on Monday morning after U.S. Federal Reserve Chair Janet
Yellen's speech on Friday signalled a growing likelihood of an
interest rate hike in June or July.
The won stood at 1,190.2 per dollar as of 0220
GMT, down 0.9 percent compared to Friday's close of 1,179.3, and
the lowest since May 24.
Yellen said t
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