Group 1 - The efforts of South Korea to globalize its currency are showing results, with the trading volume of the Korean won increasing significantly after extending the trading hours in the domestic foreign exchange market [1] - The average daily trading volume of USD/KRW during the extended hours has risen from approximately $2 billion in July 2024 to $4.1 billion in the first 20 days of June this year, indicating a substantial increase in trading activity [1] - The extended trading hours now account for nearly one-quarter of the daily trading volume for the USD/KRW pair, up from 16% a year ago, reflecting improved liquidity in the Korean won [1] Group 2 - The number of qualified foreign institutions (RFI) in South Korea has increased from 29 to 51 over the past year, including major international firms like UBS, Macquarie Group, and Northern Trust that had previously exited the market [2] - The Director of the International Finance Division at the South Korean Ministry of Economy and Finance, Hee Jae Kim, noted that trading volumes are gradually increasing, with several banks currently applying for RFI registration [2]
韩元夜盘流动性激增!延长交易时段一年,日均成交额翻倍至41亿美元
Zhi Tong Cai Jing·2025-06-29 23:10