SK hynix dollar inflow expected to bolster South Korea's FX market

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Source: South Korea
Published: 2026-07-12 14:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Economy & Finance, Financial Markets, Business & Economy, Asia Pacific
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Snippet:
SEOUL, July 12 (Yonhap) -- SK hynix Inc. is expected to inject a large amount of U.S. dollars into South Korea's foreign exchange market after raising about 40 trillion won (US$26.5 billion) through an American depositary receipt (ADR) offering on Nasdaq, industry sources said Sunday.
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