# S. Korea's daily FX turnover sinks in Q2 on eased market rout - The Korea Herald

> Daily foreign exchange turnover by South Korean banks fell 12.4% in the April–June quarter to $52.02 billion from the first quarter. The decline was mainly due to lower FX derivatives trading. The Bank of Korea said market fluctuations and foreign stock outflows also eased.

- Date: 2020-07-28 · published 2020-07-28T12:00:00.000Z
- Category: report · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/52338-s-korea-s-daily-fx-turnover-sinks-in-q2-on-eased-market-rout-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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

## Sources

- koreaherald.com: https://www.koreaherald.com/article/2380294

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