Don't Miss
- California Assembly OKs highest minimum wage in nation
- S. Korea unveils first graphic cigarette warnings
- US joins with South Korea, Japan in bid to deter North Korea
- LPGA golfer Chun In-gee finally back in action
- S. Korea won’t be top seed in final World Cup qualification round
- US men’s soccer misses 2nd straight Olympics
- US back on track in qualifying with 4-0 win over Guatemala
- High-intensity workout injuries spawn cottage industry
- CDC expands range of Zika mosquitoes into parts of Northeast
- Who knew? ‘The Walking Dead’ is helping families connect
BOK sells net US$3.5 billion in market-smoothing operations in Q3
December 29, 2023
The Bank of Korea said Friday it sold a net US$3.5 billion in the third-quarter of this year to help ease the decline of the local currency against the U.S. dollar.
The third-quarter dollar selling marks the ninth straight quarter of dollar selling for market-smoothing operations since the third quarter of 2021, according to the central bank.
The third-quarter dollar selling marks a fall from the previous quarter’s $5.97 billion.