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Foreigners Paid Nearly 4 Tln Won in Financial Charges

News ㅣ 2008-02-04

Foreign investors in the nation were found to have paid nearly four trillion won in commissions last year.

The Bank of Korea announced Monday that foreigners paid around three-point-eight trillion won, or some four-point-one billion dollars, for investment-related services to financial institutions last year. That's a 63 percent rise from 2006.

A central bank official attributed the sharp rise in foreign investors' commission payments to their active selling of stocks in the wake of the U.S. subprime mortgage crisis.

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