
The daily volatility of the South Korean currency rose in the first quarter from three months earlier, affected by emerging market unrest, the central bank said Thursday. The average daily volatility of the local currency was measured at 4.9 won in the January-March period, compared with 3.4 won the previous quarter, according to the Bank of Korea (BOK). The volatility increased in tandem with fluctuations in the currencies of other emerging countries, it said. The won posted the sixth-lowest daily volatility of 0.36 percent among 15 currencies of the Group of 20 economies, the BOK said. The Korean won fell 0.9 percent against the U.S. dollar in the first quarter following a 1.8 percent appreciation in the fourth quarter. South Korean banks' daily foreign exchange trading volume rose in the first quarter from three months earlier on improving exports, the BOK said. The daily foreign exchange trading volume among banks averaged US$19.6 billion in the first quarter, up 12.9 percent from the previous quarter.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor