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Daily foreign exchange trading by South Korean banks fell 4.7% quarter on quarter in Q3 2020 to an average of $49.56 billion, according to Bank of Korea data. The decline followed a 2.71% appreciation of the won against the dollar and slower inflows into Korean stock funds.
This is a routine central bank data release on currency market activity with no direct effect on feed commodity supply, demand or prices.
koreaherald.comYonhapOct 28, 2020Not 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.
