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Latest figures suggest the value of South Korea's currency could appreciate against the greenback in 2011, to reach the 1,010 range. Then ascend higher to the 900 won level by 2012.
According to the country's state-run Korea Development Institute, the strengthening won is helping South Korea's economy recover quickly, ease foreign investor concerns, and improve foreign currency liquidity.
However most companies in the country generally regard a won-dollar rate in the 1050-1100 range as the optimal point, for staying competitive against their export rivals.