SEOUL, March 11 (Xinhua) -- South Korea's foreign currency trading fell last month on the lower foreign investment in domestic stocks, central bank data showed Friday.
The daily average transaction of foreign currencies and derivatives in the local inter-bank market reached 28.05 billion U.S. dollars in February 2022, down 1.59 billion dollars from the previous month, according to the Bank of Korea (BOK).
It was attributed to the lower foreign investment in local stocks, caused by the global stock market correction.
Foreign fund worth 1.86 billion dollars flowed out of the domestic stock market, while 3.49 billion dollars of foreign capital went into the local bond market last month.
The daily average volatility in the won-dollar exchange rate gained to 0.26 percent in February from 0.22 percent in the previous month.
Premium on credit default swap, which measures credit risk for the five-year government bonds, averaged 27 basis points in February, down from 24 basis points in the prior month. ■