The South Korean won outperformed Asian peers while emerging-market currencies touched a record high as the dollar fell on concerns of possible joint intervention by the US and Japan.
South Korea’s efforts to weaken its currency by limiting banks’ FX positions will hurt local asset managers’ abilities to buy foreign currency bonds while having a limited impact on controlling the ...
Remarks from Bank of Korea Governor Lee Chang-yong highlight growing tension between crypto regulation efforts and foreign ...
South Korea’s Central Bank has raised concerns that South Korean won–pegged stablecoins could pose risks to the country’s ...
Icap has entered into a strategic alliance with Korea Money Brokerage, Korea’s largest interdealer broker, with the aim of further developing electronic spot FX in the country. The alliance will offer ...
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