SEOUL, Dec. 9 (Xinhua) -- South Korea's foreign exchange trading rose last month owing to strong demand for the U.S. dollar and the Chinese yuan, central bank data showed Thursday.
The daily average transaction of foreign currencies in the domestic inter-bank market amounted to 26.55 billion U.S. dollars in November, up 0.81 billion dollars from the previous month, according to the Bank of Korea (BOK).
It was attributed to a higher trading in the won/dollar and the won/yuan exchange markets, the BOK said.
The daily average volatility in the won/dollar exchange rate declined to 0.26 percent in November from 0.31 percent in October.
Foreign fund worth 2.52 billion dollars flowed into the local stock market, while 2.62 billion dollars of foreign capital flowed into the domestic bond market.
Premium on credit default swap, which measures credit risk for the five-year government bonds, averaged 19 basis points in November, down from 20 basis points in the previous month. Enditem
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