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South Korea starts 24-hour trading of dollar-won

South Korea starts 24-hour trading of dollar-won
Channel News Asia Monday 06 July 2026, 00:28 UTC 1 min read
Key Points

South Korea starts 24-hour trading of dollar-won SEOUL, July 6 : South Korea launched its historic 24-hour onshore spot dollar-won trading system on Monday as part of efforts to broaden currency convertibility as it aims to win an upgrade to developed market status on the MSCI global index. The onshore market opened at 6 a.m. on Monday (21:00 GMT Sunday) and will run uninterrupted until 06:00 a.m. on Saturday. This is going to be the "starting point for the won's global leap," Finance...

South Korea starts 24-hour trading of dollar-won SEOUL, July 6 : South Korea launched its historic 24-hour onshore spot dollar-won trading system on Monday as part of efforts to broaden currency convertibility as it aims to win an upgrade to developed market status on the MSCI global index. The onshore market opened at 6 a.m. on Monday (21:00 GMT Sunday) and will run uninterrupted until 06:00 a.m. on Saturday. This is going to be the "starting point for the won's global leap," Finance Minister Koo Yun-cheol said during his visit to the foreign exchange dealing room of Hana Bank in Seoul, according to the ministry. [Image text:] ,000 LGE 5(74) 170,200 1,507.20 40.450 8,726.60 KOSP nns 17. 1,507.20 USD 8,726.60 KOSPI AWROUN SXHynix 2,382,000 4.000 (4.11%) 343,000 Hana Bank 6,000(1.78%)
South Korea (LOCATION) SEOUL (LOCATION) Koo Yun-cheol (PERSON) Hana Bank (ORG)
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