South Korea’s net external financial assets fell by $53.6 billion in Q2 as surging foreign investment in Korean securities outpaced record-high overseas investments by Korean residents, with the KOSPI rally and won appreciation driving up external liabilities.
#YonhapInfomax #NetExternalFinancialAssets #BankOfKorea #KOSPI #ForeignInvestment #ExternalLiabilities #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77822
#YonhapInfomax #NetExternalFinancialAssets #BankOfKorea #KOSPI #ForeignInvestment #ExternalLiabilities #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77822
Net External Financial Assets Fall by $53.6 Billion in Q2—Record-High Overseas Stock and Bond Investments
South Korea’s net external financial assets fell by $53.6 billion in Q2 as surging foreign investment in Korean securities outpaced record-high overseas investments by Korean residents, with the KOSPI rally and won appreciation driving up external liabilities.