US Local News

Korea’s daily FX turnover jumps 14.1% in Q1 on U.S. dollar trade



외환거래액 금융위기 이후 14.1% 증가
Foreign and local banks in South Korea saw their daily foreign exchange transactions surge in the first quarter by 14-point-1 percent.
According to the Bank of Korea, the daily F-X turnover averaged 57-point-1 billion U.S. dollars in Q1… compared to the previous quarter’s 50-point-Oh-3 billion.
Spot exchange trading volume rose to just under 22-point-8 billion dollars, up 16-point-1 percent.
By currency, the dollar led the increase… with a 17-point-8 percent spike.
The volume fell for the Chinese yuan… by 11-point-7 percent.

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Mariah
Blogger, Performer, Truck Driver, Serial Careerist, Cigarette Butt Collector. Let me bitch at you every day until you sort your shit.

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