SEOUL, Sept 30 (Reuters) – South Korea's foreign exchange authorities sold a net $800 million in currency market intervention transactions in the second quarter, after selling $2.96 billion in the first quarter, central bank data showed on Tuesday. It was the third consecutive quarter authorities sold dollars to curb losses in the won. In the second quarter, the won strengthened 8.7% against the dollar, its biggest quarterly jump since the final quarter of 2022, after hitting at one point its weakest since 2009 at 1,487.60 per dollar. The dollar index fell 7.1% during quarter. (Reporting by Jihoon Lee; Editing by Christian Schmollinger)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
Berlin (dpa) – Flowering plants bring colour to flowerbeds, pots and window boxes, adding bright…
Parents can help youngsters regain their motivation by creating successes. Making their progress visible will…
Berlin (dpa) – Bread and baked goods top the list of food items we wind…
Check out these tips to get the best out of your air fryer, from how…
A gene-edited pig kidney kept a man off dialysis for nine months in a world…
Rome (PA Media/dpa) - Cases of diabetes develop earlier and are more severe in women who…