Both export and import prices fall in September on local currency's rise
On the economic front,
Export and import prices both fell in September, as the local currency rose against the U.S. dollar.
The Bank of Korea said Friday the nation's export prices fell 2.4 percent in September from the previous month. on a drop in the prices of petroleum, gold and LCD screens, marking a record eight-month low.
Import prices also fell 2.3 percent last month compared to the month before,with the prices of coffee and fruit showing the biggest decline.
Meanwhile, the local currency appreciated by 3.4 percent to the greenback in September compared with a year earlier.