SEOUL, Sept. 7 (Xinhua) -- Foreign investors were net buyers in the South Korean financial market last month despite financial instability in emerging markets, central bank data showed Friday.
Foreign funds purchasing domestic stocks and bonds amounted to 3.01 billion U.S. dollars in August, according to the Bank of Korea (BOK).
Among the total, 1.01 billion dollars of fund flowed in the local stock market, with domestic bond purchase reaching 2 billion dollars.
The foreign fund inflow came amid the rising instability in emerging markets. Currencies of Turkey and South Africa tumbled 25.4 percent and 15 percent each against the U.S. dollar last month amid growing worry about emerging economies.
The South Korean currency fell about 0.2 percent versus the greenback for the past month. The British pound and the European single currency also depreciated 1.7 percent and 0.6 percent, respectively, to the dollar.
The daily average volatility for the domestic currency to the greenback was 0.31 percent in August, down from 0.34 percent in July.
The daily trading of foreign currencies in the inter-bank market averaged 23.5 billion dollars in August, down from 25.06 billion dollars the previous month.
