Foreign funds of 260 bln USD flows into S.Korea since U.S. QE

0 Comment(s)Print E-mail Xinhua, June 21, 2013
Adjust font size:

Foreign funds of more than 300 trillion won (260 billion U.S. dollars) have flowed into the South Korean financial market since the U.S. Federal Reserve implemented the quantitative easing (QE) measures in 2008, financial watchdog data showed Friday.

Foreign holdings of listed stocks and bonds in South Korea were 512.7 trillion won as of the end of May, surging from 208.2 trillion won at the end of 2008 when the U.S. central bank conducted the first round of quantitative easing program, according to data of the Financial Supervisory Service (FSS) cited by Yonhap News Agency.

Among the total increase of around 300 trillion won, 114 trillion won came from U.S. investors, boosting concerns that such funds would abruptly flow out of the local financial market if the Fed starts to reduce bond purchases later this year as expected.

Fed Chairman Ben Bernanke said Wednesday that the U.S. central bank was likely to begin reducing the pace of quantitative easing later this year before bringing it to an end by the middle of next year.

Bernanke mentioned the earlier-than-expected tapering of the bond purchase program for the first time on May 22 when he made the remarks to U.S. lawmakers. Following Bernanke's comments, foreign holdings of domestic stocks and bonds continued to fall from 512.7 trillion won as of end-May to 482 trillion won on Wednesday.

The benchmark KOSPI sank 1.5 percent Friday after plunging 2 percent in the previous session. The won/dollar exchange rate closed at 1,154.7 won, jumping from the Wednesday's close of 1, 130.8 won. Endi

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 日本熟妇乱人伦XXXX| 人人妻人人狠人人爽| 98久久人妻无码精品系列蜜桃 | 日韩精品极品视频在线观看免费| 亚洲精品国产成人中文| 福利所第一导航| 台湾佬中文娱乐在线| 蜜臀亚洲AV无码精品国产午夜.| 国产福利1000| 91精品欧美综合在线观看| 天天综合网色中文字幕| 一本一道波多野结衣大战黑人| 扒开双腿猛进入免费视频黄 | 国产偷国产偷亚洲高清日韩| 欧美色图一区二区| 国产精品久久久久国产精品| 亚洲精品第五页中文字幕| 精品国产www| 啊灬啊灬别停啊灬用力啊免费| 视频一区视频二区制服丝袜| 国产小视频在线免费| 日本片免费观看一区二区| 国产精品国产亚洲精品看不卡 | h视频在线免费| 国产精品成人免费福利| 91av视频网站| 国产肉体xxxx裸体137大胆| 99re最新地址精品视频| 在车里被撞了八次高c| jizz免费看| 嫩BBB槡BBBB槡BBBB| 一区二区在线观看视频| 少妇被躁爽到高潮无码文| 一级毛片免费观看不卡视频| 手机在线免费视频| 中文字幕日韩亚洲| 无码国模国产在线观看| 久99久无码精品视频免费播放| 无码精品人妻一区二区三区av| 久久99精品波多结衣一区| 日产精品卡2卡三卡乱码网址|