BOK releases data on Korea's financial market trends for August

BOK releases data on Korea's financial market trends for August

South Korea's central bank has released its data on the global financial market trends for August. br Fears of an escalating U.S.-China trade spat led to a stronger dollar,... affected emerging market volatility,... but the local Korean market remains stable.br The Bank of Korea said on Friday that.... Turkey's bond yields in August moved higher amid a stronger dollar,... and stocks in Turkey and Brazil tumbled . br The currencies of those emerging economies also fell.br Despite such a downturn in those markets, the won-to-dollar exchange rate saw no change, and the exchange rate's variability narrowed compared to July.br The purchase of Korean bonds and stocks by foreign investors also jumped on-month.


User: Arirang News

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Uploaded: 2018-09-07

Duration: 00:40

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