# South Korea's push to make its markets global dogged by FX history

> South Korea is seeking to raise the global profile of its financial markets but still faces tight currency restrictions that have long concerned investors. Regulators are considering modest steps to loosen foreign exchange controls, which have kept the country classified as an emerging market.

- Date: 2024-03-25 · published 2024-03-25T12:00:00.000Z
- Category: policy · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/31457-south-korea-s-push-to-make-its-markets-global-dogged-by-fx-history
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Currency market reforms affect capital flows and won liquidity, but the story has no direct near-term effect on feed commodity supply, demand or prices.

## Read by commodity

- USDKRW: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/south-koreas-push-make-its-markets-global-dogged-by-fx-history-2024-03-25/

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