South Korean FX fund bought about $20 bln in SK Hynix dollars
South Korean foreign exchange authorities bought about $20 billion in U.S. dollars from SK Hynix repatriated funds, after the firm’s $26.5 billion U.S. ADR listing in July, a source said.
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South Korea FX fund bought about $20 bln from SK Hynix ADR windfall
South Korean foreign exchange authorities bought about $20 billion in U.S. dollars sold by SK Hynix (KRX:000660) after its $26.5 billion American depositary receipt listing in July, a source said.
South Korea FX fund buys about $20 bln from SK Hynix repatriation
South Korea’s FX Stabilization Fund bought about $20 billion of funds that SK Hynix repatriated after its ADR listing, a Reuters (RTRS) source said.