韩国计划很快启动24小时外汇市场，完善离岸韩元市场

Core Viewpoint - The South Korean government is preparing to transition to a 24-hour trading system for its foreign exchange market, aiming to enhance market accessibility and attract foreign investment [1][3][4]. Group 1: Government Initiatives - President Lee Jae-myung announced plans for a 24-hour foreign exchange market and the removal of restrictions on the Korean won trading [1][3]. - The Ministry of Finance is set to release a roadmap by the end of the year to implement these changes, which include allowing offshore trading of the Korean won [3][4]. - The government aims to eliminate regulatory barriers that currently restrict non-resident foreign exchange trading [3]. Group 2: Market Classification Efforts - The move is part of South Korea's efforts to be included in the MSCI developed market index, which requires fully convertible currency and a more active offshore market [4]. - MSCI has previously indicated that South Korea's gradual measures do not fully meet the criteria for developed market status [4]. - The government has implemented reforms to boost the stock market, with the KOSPI index recently reaching a historical high [4]. Group 3: Currency Market Impact - Following the announcement, the Korean won fell to its lowest level against the US dollar since mid-May, indicating market reactions to the news [5]. - The government is also working towards inclusion in the FTSE Russell Global Government Bond Index, with a phased approach expected to start in April 2026 [7].