The Korean won rose against the greenback on Thursday after the U.S. Federal Reserve hinted it would raise its key interest rate at a slower than expected pace.
The won closed at roughly 1,120, up 12-point-7 won since the previous session.
The strong close came on expectations that the Fed could hike its key rate this year.
But Fed Chair Janet Yellen says growth in the U.S. is still weak, indicating a rate hike might not come as soon as market experts expect.
