Sunday, May 29, 2016

S.Korea won falls to near 1-wk low on Yellen remarks, stocks edge down

* 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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