import settlements in yen hit record low in q1
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Import settlements in yen hit record low in Q1

Arab Today, arab today

Arab Today, arab today Import settlements in yen hit record low in Q1

Seoul - Yonhap

South Korean importers reduced their use of the Japanese currency in settling deals in the first quarter amid the yen's weakening trend, the central bank said Wednesday. The use of the yen accounted for a fresh record low of 4.9 percent of the total import settlement in the first quarter, down from 5.2 percent in the fourth quarter, according to the Bank of Korea (BOK).

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