SEOUL, Sept. 14 (Xinhua) -- South Korea's foreign exchange trading fell last month on lower demand for the U.S. currency and foreign exchange derivatives, the country's central bank data showed Wednesday.
The daily average transaction of foreign currencies and foreign exchange derivatives in the local inter-bank market came to 28.4 billion U.S. dollars in August, down 2.55 billion dollars from the prior month, according to the Bank of Korea (BOK).
It was attributable to weaker demand for the U.S. currency and foreign exchange swap, the daily average trading of which declined 12.0 percent and 6.9 percent respectively.
Foreign capital worth 3.02 billion dollars flowed into the local stock market, while the domestic bond market posted a net foreign fund outflow of 1.31 billion dollars last month.
The daily average volatility in the won/dollar exchange rate rose to 0.47 percent in August from 0.40 percent in the previous month.
Premium on credit default swap, which measures credit risks for the five-year government bonds, averaged 37 basis points in August, down from 50 basis points in the prior month. ■
