Top Won Forecasters Predict a Rebound as Goldman Cuts Estimates

South Korea’s won is likely to rebound in the remainder of 2014, according to its most accurate forecasters, after a third-quarter slide that was the steepest among Asia’s emerging-market currencies.

The won will strengthen 4.5 percent to 1,020 per dollar, supported by the trade surplus, says Credit Agricole CIB, which Bloomberg data show had the closest won estimates in the year through Sept. 30. Second-ranked ING Groep NV predicts a 5.6 percent gain from yesterday’s close of 1,066.10. The currency sank 4.1 percent in the July-September period.