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South Korean Banks' Yen Exchange Volume Hits 19-Month High at 800 Won per Unit

2026-07-29 03:33:57

According to Korean financial sources, yen exchange volume at the country's five major banks hit a 19-month high this month, with 31.5 billion yen exchanged between July 1–27 as the won-yen exchange rate fell to the 800 won-per-unit level. The surge reflects increased demand from both summer vacation travelers heading to Japan and retail investors engaging in currency arbitrage seeking to capitalize on an anticipated yen rebound.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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