{
  "id": 17164826,
  "title": "Daily FX turnover hits new high in Q3: BOK",
  "url": "https://urgent.news/2026/10/30/daily-fx-turnover-hits-new-high-in-q3-bok",
  "topic": "world",
  "section": "World",
  "published": "2026-10-30T03:00:03.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261030003600320"
  },
  "original_language": "en",
  "account": "In the third quarter, South Korean banks experienced a significant surge in foreign exchange (FX) trading, hitting a record high, according to data from the Bank of Korea (BOK). The average daily FX turnover, which includes derivatives trading, reached an impressive $122.01 billion, marking a 0.5% increase from the previous quarter. This surge has been the third consecutive quarterly record since the beginning of the year.\n\nHowever, the on-quarter increase in FX trading slowed down due to a sharp rise in FX trading by robust exports being partially offset by a decrease in offshore investors' stock transactions amid a correction in the stock market. Despite this, overall exports and imports saw a combined total of $173.9 billion in the third quarter, up from $154.7 billion in the previous quarter.\n\nForeign investment in equities also dropped during this period, with foreigners trading 1,154 trillion won ($862.8 billion) worth of stocks per month in July and August, down from an average of 1,285 trillion won in the second quarter. The average daily spot FX turnover saw a decline of 6.2% on-quarter to $50.74 billion during the third quarter, while derivatives trading rose by 5.9% to $71.26 billion.",
  "summary": "SEOUL, Oct. 30 (Yonhap) -- Daily foreign exchange (FX) trading by banks in South...",
  "key_points": [],
  "editors_take": "The shift toward derivatives trading amidst declining equity investments signals a structural pivot in how South Korean banks manage foreign exchange volatility during periods of stock market correction.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Daily FX turnover hits new high in Q3: BOK",
        "url": "https://urgent.news/2026/10/30/daily-fx-turnover-hits-new-high-in-q3-bok-17169139",
        "published": "2026-10-30T03:42:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}