# South Korea central bank says net purchase, selling on par in forex intervention in fourth quarter | The Mighty 790 KFGO | KFGO

> South Korea's central bank reported that its forex intervention was net neutral in the fourth quarter of 2019, after net selling of $2.87 billion in the prior quarter. Daily dollar/won turnover averaged $6.69 billion.

- Date: 2020-03-31 · published 2020-03-31T12:00:00.000Z
- Category: report · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/54344-south-korea-central-bank-says-net-purchase-selling-on-par-in-forex-intervention
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

This is a backward-looking central bank data release with little bearing on current feed prices. It has minimal effect on commodity supply or demand.

## Sources

- kfgo.com: https://kfgo.com/2020/03/31/south-korea-central-bank-says-net-purchase-selling-on-par-in-forex-intervention-in-fourth-quarter/

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