Korean Won Drops Most in Two Weeks as U.S. Data Bolsters Dollar

South Korea’s won fell the most in almost two weeks as optimism the world’s biggest economy is improving supported the U.S. currency.

The Bloomberg Dollar Index, which tracks the greenback against 10 major counterparts, climbed 0.1 percent to 1,008.02 after gaining 0.2 percent last week. Official reports released July 3 showed U.S. companies added more jobs in June than forecast while unemployment fell. The Bank of Korea will hold its benchmark rate at 2.5 percent on July 10, unchanged since a cut in May 2013, according to all 14 economists surveyed by Bloomberg News.