Liquidity in the South Korean won dropped during late-night hours in the first week of extended trading, a potential setback for officials keen to bolster the market and heightening the risk of big price swings just as global investors gain more access.
While activity in dollar-won spot off sharply, overall volumes were roughly in line with the first half of the year, with a daily average of $10.97 billion for the week ending July 5, according to data from the Seoul Money Brokerage Services and Korea Money Brokerage Corp.
