SEOUL, 25th April, 2025 (WAM) -- Daily foreign exchange (FX) trading by banks in the Republic of Korea reached an all-time high in the first quarter of 2025, central bank data showed Friday.
The daily FX turnover, including trading of derivatives, came to an average of US$72.76 billion during the January-March period, up 7.4 percent from $67.73 billion a year earlier, according to the data from the Bank of Korea (BOK).
According to Yonhap News Agency, this marked the highest figure since the central bank began compiling relevant data under the current statistical standards in 2008.
The daily average turnover for FX derivatives rose 6.5 percent to $44.81 billion in the first quarter, while the figure on the spot FX market advanced 9 percent to $27.94 billion, the data showed.