Credit Agricole Bets Korean Won Will Weaken as SocGen Sees Drop

  • Korean currency advanced to five-month high on Wednesday
  • BOK said this week it sees room for more monetary easing

Credit Agricole CIB and Societe Generale SA are betting the won’s advance to a five-month high won’t be sustained on signs the Bank of Korea will cut interest rates and an emerging-market rally is faltering.

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