SEOUL, Sept. 12 (Xinhua) -- South Korea's foreign exchange trading fell last month, central bank data showed Tuesday. The daily average transacti
SEOUL, Sept. 12 (Xinhua) — South Korea’s foreign exchange trading fell last month, central bank data showed Tuesday.
The daily average transaction of foreign currencies and foreign currency derivatives in the local inter-bank market came to 28.63 billion U.S. dollars in August, down 3.17 billion dollars from the prior month, according to the Bank of Korea.
Demand for FX swaps dwindled 1.33 billion dollars over the month to 13.24 billion dollars in August.
Foreign capital worth 910 million dollars flowed out of the South Korean stock market last month, while the domestic bond market posted a net foreign fund outflow of 790 million dollars.
The daily average volatility in the won/dollar exchange rate slipped to 0.41 percent in August from 0.42 percent in the previous month.
Premium on credit default swap, which measures credit risk for the five-year government bonds, averaged 31 basis points in August, unchanged from the prior month. ■
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