# Explainer: Why South Korea is changing the won trading hours - The Banker

> South Korea will extend won trading hours from July 2024 to 09:00-02:00 the next day, bringing trading into line with other major markets. The change aims to make the won more tradable internationally.

- Date: 2024-02-08 · published 2024-02-08T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/31903-explainer-why-south-korea-is-changing-the-won-trading-hours-the-banker
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Longer won trading is a currency-market structure change with no direct effect on feed commodity supply or demand.

## Read by commodity

- USDKRW: neutral

## Sources

- thebanker.com: https://www.thebanker.com/content/4c9b01ed-1e97-561e-b1f5-8fd81c328885

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