Politics
Won’s 24-Hour Trading Debut Passes With Below-Average Volume
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Currencies Won’s 24-Hour Trading Debut Passes With Below-Average Volume Trading in the Korean won passed with below-average volume in its first day of round-the-clock dealing during a largely uneventful session, compared to the past 30 days. Volume in the dollar-won spot trading totaled about $15.1 billion on Monday, according to data from the Seoul Money Brokerage Services Ltd. and Korea Money Brokerage Corp., 6% lower compared to the average in the past 30 days. Trading hours were extended...
Currencies
Won’s 24-Hour Trading Debut Passes With Below-Average Volume
Trading in the Korean won passed with below-average volume in its first day of round-the-clock dealing during a largely uneventful session, compared to the past 30 days.
Volume in the dollar-won spot trading totaled about $15.1 billion on Monday, according to data from the Seoul Money Brokerage Services Ltd. and Korea Money Brokerage Corp., 6% lower compared to the average in the past 30 days. Trading hours were extended from 17 hours, eliminating a gap the nation used to have with New York’s trading session.