PHOTO
A currency dealer walks past electronic boards showing the Korea Composite Stock Price Index (KOSPI) and the exchange rate between the U.S. dollar and South Korean won at a dealing room of a bank, in Seoul, South Korea, November 5, 2020. Kim Hong-Ji, Reuters Image for illustrative purpose
South Korea's central bank bought a net $1.99 billion in the fourth quarter of 2023 for intervention in the foreign exchange market, it said on Friday.
It came after nine consecutive quarters of dollar selling by the Bank of Korea to curb the Korean Won's fall.
(Reporting by Jihoon Lee; Editing by Christian Schmollinger)
