The won-to-dollar exchange rate has droppedbelow the one-thousand-100 mark for the first time since September 2016.
The local currency closed at a 13-month highagainst the U.
dollar Thursday, at one-thousand-one-hundred-one-won, up eleven won from the previous day's close.
It has appreciated nearly nine percent againstthe greenback since the start of the year,.
thanks to Korea's strong economic fundamentalsdriving up demand for the currency.
Korea's real GDP expanded one-point-four percenton-quarter in the third quarter, nearly double market expectations.
A new currency swap deal signed between Koreaand Canada also played a part in driving up the local currency.