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South Korea is allowing foreign banks to obtain dollar-won quotes from a wider pool of banks in the onshore market. The change aims to improve market access for foreign investors.
Improved FX market access is a market-structure change with little direct effect on feed commodity prices or import costs.
reuters.comMay 16, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
