# South Korea to allow more company borrowings overseas to boost FX liquidity

> South Korea plans to let more companies borrow overseas to boost foreign-exchange liquidity. The move follows the won's slide to a 15-year low amid cautious Fed signals and domestic political uncertainty tied to President Yoon Suk Yeol.

- Date: 2024-12-20 · published 2024-12-20T12:00:00.000Z
- Category: policy · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/27187-south-korea-to-allow-more-company-borrowings-overseas-to-boost-fx-liquidity
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

The policy response aims to steady the won, which would ease pressure on Korean import costs for feed ingredients. The effect on global commodity prices is limited.

## Read by commodity

- USDKRW: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/south-korea-ease-fx-regulations-improve-liquidity-conditions-2024-12-20/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.