S. Korean authorities sell net US$9.6 bln during Q2 to stabilize FX market

🇰🇷 Yonhap News (KR) —
S. Korean authorities sell net US$9.6 bln during Q2 to stabilize FX market

AI Summary

South Korean authorities sold a net US$9.6 billion during the second quarter as part of efforts to stabilize the foreign-exchange market. The report identifies Seoul as the source of the announcement.

SEOUL, Sept. 30 (Yonhap) -- The South Korean authorities offloaded a net $9.6 bi...

Politics Markets South Korea foreign exchange currency intervention US$9.6 billion Q2 Seoul

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