The sale of Korean shares has boosted the trade in Korean Won

On 21 July, since the 24-hour deal was opened two weeks ago, the daily trade volume of the Korean Won has rebounded, a trend that was driven mainly by foreign investors who sold local chip manufacturer shares. According to data provided by Seoul Monetary Brokerage Services Ltd. and the Korea Monetary Broker Corporation, the United States dollar-to-KN$18.6 billion per day averaged from 6 July to 16 July, about 16 per cent higher than the average daily for 30 days prior to 6 July。