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South Korea will make its capital markets more accessible to global investors by introducing 24-hour foreign exchange trading.
The Ministry of Economy and Finance will extend domestic foreign exchange trading hours to operate continuously, replacing the current schedu
¾Ë¶óµò°ÔÀÓ le that runs from 9 a.m. to 2 a.m. the following day.
It will support overnight trading without requiring banks to staff dealing rooms around the clock.
O
Çѱ¹¸±°ÔÀÓ fficials now hope to attract foreign investors able to trade Korean stocks without time-zone.
Continuous foreign exchange trading will allow investors to convert foreign currenc
¸±°ÔÀÓ¿À¼ÇÆÄ¶ó´ÙÀ̽º ies into won at any time.
¡°Foreign investors interested in the Korean market will be able to participate far more easily,¡± said a senior ministry official.
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±è¿¬Èñ The Korea Economic Daily Global Edition ¿¡µðÅÍ
¿¹¹® ù ¹®Àå¿¡ »ç¿ëÇÑ 24-hour foreign exchange tradingÀ» around-the-clock foreign exchange tradingÀ¸·Î Ç¥ÇöÇÒ ¼ö ÀÖ½À´Ï´Ù. ¶Ç ¿¹¹®¿¡ ÀÖ´Â continuous foreign exchange tradingÀ» around-the-clock foreign exchange tradingÀ¸·Î Ç¥ÇöÇØµµ °°Àº ÀǹÌÀÔ´Ï´Ù.