# S. Korea's daily FX turnover falls in Q3 amid won's gain - The Korea Herald

> 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.

- Date: 2020-10-28 · published 2020-10-28T12:00:00.000Z
- Category: report · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/50862-s-korea-s-daily-fx-turnover-falls-in-q3-amid-won-s-gain-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

This is a routine central bank data release on currency market activity with no direct effect on feed commodity supply, demand or prices.

## Sources

- koreaherald.com: https://www.koreaherald.com/article/2465681

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.