Korean won slips to 8-month low

The Korean won fell to an 8-month low during intraday trading Tuesday, counteracting the local forex authorities’ recent efforts to ease the downward pressure on the currency. The won was quoted at 1,483.68 per dollar as of 2 p.m., retreating nearly 4 won after opening local trading at 1,480 per dollar. But it was slightly stronger than its morning low-point of 1,484.1 per dollar, its weakest level since it hit 1,487.6 on April 9. On the previous day, the won closed daytime trading in Korea at 1