South Korea opens won trading to foreigners in 2027 FX overhaul
Why it matters: The move could help South Korea win a developed-market upgrade and attract more global investors to won assets.
Subject
#Won
South Korea tightens FX oversight after won hits 17-year low
What's new: Seoul ordered probes into offshore derivatives and suspected illegal FX trades after the won sank 2% Friday.
Bloomberg, The Business Times (Singapore)