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The Bank of Korea said its net dollar selling and buying were roughly balanced in the second quarter of 2021 as part of market smoothing operations. In the first quarter it had sold a net $103 million.
The won closed at 1,128.5 per dollar on June 30 versus 1,131.8 at the end of March.
This is a routine central bank disclosure showing no major intervention, so it has little direct effect on feed commodity prices or Korean import costs.
koreaherald.comYonhapSep 30, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
