FX Trading in South Korea Soars to All-Time High in Q1 Amid Hedging Rush and Market Swings

SEOUL, April 25 (Korea Bizwire) — Daily foreign exchange (FX) trading by banks in South Korea reached an all-time high in the first quarter of 2025 on increased demand from cross-border trading and the volatile won-dollar exchange rate, central bank data showed Friday. The daily FX turnover, including trading of derivatives, came to an average [...]