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Bank of Korea headquarters, Seoul — Photo: Otraff / Wikimedia Commons

Sep 26, 2025 AM EDT - Jason

Korea to Open 24-Hour FX Trading to Woo MSCI Upgrade as Won Tops 1,410

South Korea will move to around-the-clock trading in the won and build an offshore settlement channel, a reform President Lee Jae-myung unveiled to global investors in New York as the currency hovered above ₩1,410 per U.S. dollar. The package is designed to fix long-criticized access frictions and bolster Korea's bid to graduate into MSCI's Developed Markets basket. Reuters first reported the plan,

U.S. dollar note — via Wikimedia Commons (Public Domain)

Sep 25, 2025 PM EDT - Jason

Dollar–Won Reclaims 1,400: What It Means for Households, Markets, and Korea–U.S. Trade

The Korean won slipped back above 1,400 per U.S. dollar on Thursday as investors weighed stalled Korea-U.S. tariff talks, a firm greenback, and persistent caution around global rates. Local press reported a 1,400.6 close in Seoul-its first finish above the line in roughly two months-after intraday trading repeatedly tested the threshold this week. The move follows several days of headlines tying FX nerves to the slow grind of trade negotiations with Washington.

HICO, Gyeongju — Gyeongju City News (KOGL Type I)

Sep 24, 2025 PM EDT - Jason

Korea–U.S. Tariff Talks Edge Back Into Motion as APEC Gyeongju Nears

South Korea and the United States have nudged their tariff negotiations back into motion, with Seoul signaling that an agreement before or during next month's APEC Leaders' Week in Gyeongju is still on the table. National Security Adviser Wi Sung-lac, traveling with President Lee Jae-myung in New York, told reporters the government is "keeping the summit in mind," adding that if common ground emerges,

Bank of Korea building in Seoul, a landmark tied to government monetary policy offices. (Photo © Kaflan / Public Domain)

Sep 14, 2025 PM EDT - Jason

South Korea’s Inflation Slows Sharply, Raising Hopes for Policy Shift

South Korea's consumer inflation cooled noticeably in August, adding momentum to expectations that the Bank of Korea (BOK) may soon gain room to adjust its monetary stance.

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