BOK releases data on Korea's financial market trends for August

  • 6 years ago
South Korea's central bank has released its data on the global financial market trends for August.
Fears of an escalating U.S.-China trade spat led to a stronger dollar,... affected emerging market volatility,... but the local Korean market remains stable.
The Bank of Korea said on Friday that.... Turkey's bond yields in August moved higher amid a stronger dollar,... and stocks in Turkey and Brazil tumbled .
The currencies of those emerging economies also fell.
Despite such a downturn in those markets, the won-to-dollar exchange rate saw no change, and the exchange rate's variability narrowed compared to July.
The purchase of Korean bonds and stocks by foreign investors also jumped on-month.

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