South Korea’s foreign currency MMF market saw its first fund liquidation in three years, highlighting growth constraints as bank FX deposits surge and MMF asset growth stagnates.
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https://en.infomaxai.com/news/articleView.html?idxno=86444
First Foreign Currency MMF Liquidation Occurs in Third Year Since Launch—Early Growth Limits Become Reality

South Korea’s foreign currency MMF market saw its first fund liquidation in three years, highlighting growth constraints as bank FX deposits surge and MMF asset growth stagnates.

Yonhap Infomax
Foreign currency MMF balances in South Korea doubled in a month to a record 1.72 trillion won ($1.27 billion) as the won strengthened sharply, with investors seeking dollar-denominated short-term instruments amid a falling USD/KRW rate and persistent interest rate differentials.
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#ForeignCurrencyMMF #USDKRW #ExchangeRate #AssetManagement #InterestRateDifferential
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64726
Foreign Currency MMF Surges in a Month as Won Strengthens—Assets Hit All-Time High

Foreign currency MMF balances in South Korea more than doubled in a month to a record 1.72 trillion won, as the won’s sharp appreciation spurred demand for dollar-denominated investment vehicles amid persistent rate differentials and volatile FX markets.

Yonhap Infomax