S. Korea to allow offshore firms' participation in FX market
newscatcher
2023-09-25 02:40
S. Korea to allow offshore firms' participation in FX market
FX market-rule revision S. Korea to allow offshore firms' participation in FX marketBy Kang Yoon-seung SEOUL, Sept. 25 (Yonhap) -- South Korea has paved the way for offshore firms to participate in the foreign exchange market in line with efforts to attract more investment from overseas, the finance ministry said Monday. The Cabinet passed the revised enforcement decree of the foreign exchange transaction act to open up its interbank foreign exchange market to offshore companies, according to the Ministry of Economy and Finance.

https://n.news.naver.com/mnews/article/001/0014216843?sid=104

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