Showing posts with label average. Show all posts
Showing posts with label average. Show all posts

Wednesday, March 1, 2017

Cash payment instead of the card, smartphone ... 376 trillion won last year's daily average



[Korea Jeongseon financial newspaper reporters - credit cards, showed that significantly increasing the use of non-cash means of payment such as smartphones.

According to the Bank of Korea announced one day 'Payment of the 2016 settlement trends "material payments due to non-payment methods of cash last year increased by 8.1 percent to 376.1 trillion won per day than in 2015 (347.8 trillion won).

The Bank of Korea analyzed that "large sums of money transfers using factors such as enlargement and card payments as long as the universalization of financial institutions through the financial network."

Card using earnings 2.104 trillion won (per day) increased significantly by 11.8% year-on-year.

Especially credit card earnings (excluding cash) is one trillion rose 10.9 percent to 677 billion won. Utilization of credit card mobile smartphones has surged 51.7% or 460 billion.

Check card income, higher deduction rate has increased by 15.2% to 424 billion won. On the other hand, prepaid cards fell 3.5 percent to 22 billion.

Full results from the use of payment cards credit cards were the overwhelming proportion to 79.7%.

Yiyongaek day average personal credit card at a convenience store last year jumped 32.8 percent to 150 billion won. Supermarket (9.5%), airlines (16.2%), duty-free shops (10.7%), transportation (9.3%), health care (10.0%) is also higher growth rates.

In the case of payment per check card, but to give 3.5% ₩ 24,342 more than in 2015, credit cards were only increased by 0.1% in 4564 won four.

The Bank of Korea was evaluated as' that will replace the card with cash at convenience stores, supermarkets, public transport continued tendency of small yiyongaek.

Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

Specify the last five years 40% Management Company delisting ... The average spent 275 days



Since about 40 percent specified by the [financial newspaper goyounghun Korea News] Securities Market Management Company in the last five years dwaeteumyeo delisting period showed that it took an average of 275 days.

1 days Korea Exchange has announced According to the results on the securities market of the Management Company specifies the delisting Analysis for the period from the beginning of January 2012 to December 2016 end of new transfer to manage stocks last five years in the securities market, stocks are 52 was a sport. The Designated Management Company stocks delisting period was spent until after the abolition Management Company is incorporated into the 21 stocks traded around 275 days on average.

It was when incorporated into the securities market over the past five years, apply for regeneration initiation "to manage stocks are the most common with 16 cases (30.7%) (50% erosion of capital), capital erosion, 15 cases (28.8%). It was in order.

After the designation of securities designated 52 new stocks in the past five years managing stocks in the market price of the 36 stocks fell (69.2%), 16 events (30.8%) had no price increases or fluctuations. The Company had recorded a 10% to 20% less than the level of decline most common 21 cases (40.4%), two stocks fell less than 0-10% were 15 cases (25.8%).

Price when compared to the former over the past five years managing stocks as a new designated after the delisting management 21 (weeks of organized trading period) shares of stocks stocks incorporated shares in the securities market, 17 stocks (80.9 percent) fell 4 shares of the Company (19.1%) rose. If the stock price fell 17 stocks 14 (66.7%) compared to the administration of the Company are incorporated into stocks before the price fell by more than 70%.

Singwangseon Exchange Management Support Division said, "and if it needs to manage stocks of events that could lead to the delisting cause share prices sharply because prudent investment," he said.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com

Monday, February 27, 2017

Last year, the average daily foreign exchange transactions $ 48.4 billion ... Won / Yuan Trading ↓



[Korea Jeongseon financial newspaper reporters - who last year was estimated that the size of the domestic foreign exchange bank foreign exchange transactions similar to the previous year.

27 days fell slightly Bank of Korea, the average daily trading volume of last year, according to a foreign exchange bank announced a "foreign exchange trends in the foreign exchange bank" it is $ 48.38 billion versus $ 50 million a year ($ 48.43 billion) in 2015.

In terms of product type, the spot exchange was only down $ 500 005 000 (2.7%) from the previous year to 30 million per day, $ 194 billion.

In particular, the won / yuan trading 400.007 million dollars and it was only lower than in 2015 to $ 20 billion last year. In this regard before December last year, the government announced through the Foreign Exchange Law Act amended the Right won / yuan direct transaction foreign exchange market two years promoting the health contribution relief again.

Another spot exchange transaction volume last year won / dollar fell to US $ 12 000 million dollars 14.500002 billion.

Forward exchange transactions and foreign exchange rate volatility as investors appeared to be increased.

Foreign Exchange Derivatives Trading foreign exchange banks last year has increased by 10 000 5000 289 billion dollars to 500 million US dollars over the previous year. In particular, the difference between non-resident and offshore forward (NDF) transactions increased by 7.96 billion dollars to 1.17 billion dollars.

The Bank of Korea (BOK) said "Last year, China's financial and economic instability, Breck sheets (European Union to leave the UK) approved, the exchange rate volatility under such rate hikes, Trump won the US presidential election in the US Federal Reserve increased NDF transactions of offshore investors' It explained.

The difference between the cheapest and the most expensive day of the year won / dollar exchange rate in 2010 (9.5 W) was greater in the most wide average of 7.5 million won after six years.

Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com