The dollar-won exchange rate surged to a seven-month high above 1,450 won, prompting market speculation over the timing of possible intervention by South Korea's FX authorities as volatility intensifies and key resistance levels are breached.
#YonhapInfomax #DollarWon #ForeignExchange #KOSPI #Intervention #Volatility #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=89388
Dollar-Won Surges Past 'Verbal Intervention Level'—FX Authorities Eye Timing
The dollar-won exchange rate surged to a seven-month high above 1,450 won, prompting market speculation over the timing of possible intervention by South Korea's FX authorities as volatility intensifies and key resistance levels are breached.
Yonhap InfomaxShinhan Bank will offer up to a 100% foreign exchange fee waiver for customers using the SOL Travel Check Card at its foreign currency ATMs, with daily and annual limits, as the card surpasses 2.6 million issuances and monthly transaction volume hits 300 billion won.
#YonhapInfomax #ShinhanBank #SOLTravelCheckCard #ForeignExchange #ATM #TransactionVolume #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=88745
Shinhan Bank Offers 100% FX Fee Waiver with Shinhan SOL Travel Check Card
Shinhan Bank will offer up to a 100% foreign exchange fee waiver for customers using the SOL Travel Check Card at its foreign currency ATMs, with daily and annual limits, as the card surpasses 2.6 million issuances and monthly transaction volume hits 300 billion won.
Yonhap InfomaxThe dollar-won exchange rate fell sharply to the 1,420 level for the first time in seven sessions, driven by a US-Korea trade deal that eased FX market pressure; trading volume surged as investors reacted to new investment caps and shifting corporate demand.
#YonhapInfomax #DollarWon #ExchangeRate #USKoreaTradeDeal #ForeignExchange #TradingVolume #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=88015
Dollar-Won Returns to 1,420 Level After 7 Sessions—Boosted by US-Korea Trade Deal
The dollar-won exchange rate fell sharply to the 1,420 level for the first time in seven sessions, driven by a US-Korea trade deal that eased FX market pressure; trading volume surged as investors reacted to new investment caps and shifting corporate demand.
Yonhap InfomaxSouth Korea's foreign exchange trading volume hit a record high for the third straight quarter, reaching $82.84 billion daily, as spot trading rose but derivatives activity declined amid lower volatility.
#YonhapInfomax #ForeignExchange #BankOfKorea #SpotTrading #Derivatives #TradingVolume #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=87400
Foreign Exchange Transactions Hit Record High for Third Consecutive Quarter—Derivatives Trading Declines Amid Lower Volatility
South Korea's foreign exchange trading volume hit a record high for the third straight quarter, reaching $82.84 billion daily, as spot trading rose but derivatives activity declined amid lower volatility.
Yonhap Infomax
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