South Korea extends won trading hours from July 1 to boost foreign investor access and local currency market participation.
South Korea plans to extend won trading hours from July 1, aiming to improve access for foreign investors and boost local currency market participation. The finance ministry will intervene to curb volatility and closely monitor market trends during the extended hours. Foreign-exchange authorities will also take timely, market-stabilizing measures if excessive swings occur. These efforts are part of South Korea's push to get its stocks and bonds included on global indexes.
June 16, 2024
3 Articles