Monday, May 16, 2016

S.Korea won up on renewed risk demand, stocks edge down

* Won recovers; U.S. consumer price index eyed

* KOSPI dithers on investors' profit-taking

SEOUL, May 17 (Reuters) - The South Korean won edged

up on Tuesday morning, recovering from two days of sharp

declines as global oil prices and U.S. stocks strengthened

overnight, boosting investor demand for riskier assets.

The won traded at 1,173.4 per dollar as of 0207

GMT, up 0.5 percent compared to Monday's close of 1,179.7

Jung Sung-yoon, a foreign exchange analyst at Hyundai

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