S. Korean currency rises on optimism over US-Iran ceasefire agreement

The South Korean won strengthened against the US dollar Friday, supported by eased risk sentiment after Israel signaled its willingness to hold talks with Lebanon in support of the ceasefire agreement between the United States and Iran. The won opened at 1,475.1 per dollar, up 7.4 won from the previous session. The gain came as Israeli Prime Minister Benjamin Netanyahu said Thursday that he had authorized direct talks with Lebanon as soon as possible, aimed at disarming Hezbollah militants and