Yonhap Infomax NewsSouth Korea's foreign exchange market is targeting July 6 for launching 24-hour trading operations while planning to phase out the Market Average Rate system by July 2027, with membership requirements being eased to expand market participation among financial institutions.
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South Korea Eyes July 6 Launch for 24-Hour FX Market, Plans to Abolish MAR System by July 2027
South Korea's foreign exchange market is targeting July 6 for launching 24-hour trading operations while planning to phase out the Market Average Rate system by July 2027, with membership requirements being eased to expand market participation among financial institutions.