The Bank of Korea's $10 billion auction of U.S. dollars for an 84-day term from the new currency swap with the Federal Reserve drew only $7.92 billion of bids, lent at 0.9080%, the bank said on Tuesday.
FILE PHOTO: The logo of the Bank of Korea is seen on the top of its building in Seoul, South Korea, July 14, 2016. REUTERS/Kim Hong-Ji
SEOUL - The Bank of Korea’s $10 billion auction of U.S. dollars for an 84-day term from the new currency swap with the Federal Reserve drew only $7.92 billion of bids, lent at 0.9080%, the bank said on Tuesday.Reporting by Cynthia Kim, Joori Roh; Editing by Kim Coghill
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