KRW/USD: South Korea Starts Trial Run of 24-Hour Won Settlement System
South Korea’s central bank began testing a system for round-the-clock won payments, laying the groundwork for greater foreign access to local markets that is set to be implemented next year.
By Hooyeon Kim · Bloomberg Markets
South Korea’s central bank began testing a system for round-the-clock won payments, laying the groundwork for greater foreign access to local markets that is set to be implemented next year.