The South Korean won ended just a tick down against the dollar in slow trade on Tuesday as traders sat on the sidelines seeking more clarity on the dollar's direction in the new year. Traders also shrugged off central bank data, released before the market opened, that showed South Korea posted a current account surplus for a 10th consecutive month in November, although the amount was down sharply from October.
The won ended this year's second-last session at 1,171.3 per dollar, just below Monday's domestic close of 1,170.2. The market will finish the year on Wednesday. The dollar held firm against the yen after a slight gain overnight, but traders in Seoul ignored the movement amid uncertainty about the US currency's direction after the new year starts.
Central bank data showed South Korea's current account surplus slumped in November from October on a seasonally adjusted basis because exports dropped over the period amid signs of a moderating recovery in global trade.
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