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South Korea to Ease FX Rules for Foreigners to Trade Won Easier

Bloomberg Markets Sunday 19 July 2026, 03:00 UTC By Hooyeon Kim 1 min read
Key Points

South Korea to Ease FX Rules for Foreigners to Trade Won Easier South Korea laid out a detailed plan to make the won freely tradable among foreigners, its boldest step yet to liberalize the forex market and bring the currency closer to full convertibility. The measures announced Sunday will allow foreign investors to conduct unlimited won transactions through foreign firms pre-registered with the government, eliminating the need to open won accounts in South Korea from January 2027, the...

South Korea to Ease FX Rules for Foreigners to Trade Won Easier South Korea laid out a detailed plan to make the won freely tradable among foreigners, its boldest step yet to liberalize the forex market and bring the currency closer to full convertibility. The measures announced Sunday will allow foreign investors to conduct unlimited won transactions through foreign firms pre-registered with the government, eliminating the need to open won accounts in South Korea from January 2027, the finance ministry said in a joint statement with the central bank and regulators.
South Korea (LOCATION) Ease FX Rules for Foreigners to Trade Won (ORG)
Originally published by Bloomberg Markets Read original →

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