SEOUL, Nov. 10 (Xinhua) -- South Korea's foreign exchange trading fell in October due to weak demand for the U.S. dollar and the Chinese yuan, central bank data showed Wednesday.
The daily average transaction of foreign currencies in the domestic inter-bank market amounted to 25.74 billion U.S. dollars in October, down by 1.14 billion dollars from the previous month, according to the Bank of Korea (BOK).
It was attributable to a lower trading in the won/dollar and the won/yuan exchange markets, the BOK said.
There were worries about inflationary pressure caused by expensive crude oil. The won/dollar exchange rate stood at 1,183.1 won as at Monday.
Premium on credit default swap, which gauges credit risk for the five-year government bonds, averaged 20 basis points in October, up from 18 basis points in September. Enditem
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