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S Koreans Purchase of Japanese Yen Up Nearly Fivefold in May

S Koreans Purchase of Japanese Yen Up Nearly Fivefold in May
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S Koreans purchase of Japanese yen up nearly fivefold in May

South Koreans' combined purchase of the Japanese currency at local banks jumped nearly fivefold in May from a year earlier, data showed Sunday, as more people took advantage of a weaker yen. The amount of Japanese currency sold at the country's four major banks came to 30.16 billion yen ($213 million) in May, soaring from 6.28 billion yen tallied a year earlier, according to the market data. The increase ap.

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