South Korea Plans FX Rule Easing to Expand Won’s Global Use
South Korea plans to relax foreign-exchange rules governing capital transactions in the second half of the year as part of a broader effort to internationalize the won and deepen overseas...
By Hooyeon Kim · Bloomberg Markets
South Korea plans to relax foreign-exchange rules governing capital transactions in the second half of the year as part of a broader effort to internationalize the won and deepen overseas use of the currency.