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S. Korea's average daily FX turnover last year highest since 2008: BOK

2019-01-30 12 Dailymotion

작년 하루평균 외환거래 역대최대<br /><br />Last year, South Korea's daily foreign exchange turnover reached the highest level in a decade... mainly because of strong exports and imports. <br />According to the nation's central bank, the daily average of foreign exchange turnover in domestic and foreign banks in South Korea marked around 55-point-5 billion U.S. dollars.<br />That's up more than 4-point-8 billion dollars from the previous year. <br />Breaking it down by type of transaction, the trading volume of foreign exchange spots increased by 8-point-9 percent. <br />The central bank attributed the rise to the record amount of exports and imports as well as a spike in foreigners' investment in local bonds. <br />

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