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South Korea has significantly extended the trading hours of the Korean won against the US dollar, marking the biggest change in the South Korean foreign exchange market since 1998.
FXStreet News on July 1st, Jinshi data, from today, the trading hours of the South Korean won against the US dollar in the foreign exchange market have been significantly extended, from 6.5 hours per day to 17 hours. It is understood that this is the biggest change in the South Korean foreign exchange market since 1998. The South Korean government stated that after extending the trading hours, it will closely monitor market trends and take appropriate measures to maintain market stability if necessary, even at night.