South Korea has significantly extended the trading time of the Korean won against the US dollar, marking the largest change in the Korean foreign exchange market since 1998

On July 1st, the trading hours of the Korean won against the US dollar in the South Korean foreign exchange market have been significantly extended since today, with the daily trading hours increasing from 6.5 hours to 17 hours. It is understood that this is the biggest change in the South Korean foreign exchange market since 1998. The South Korean government said that after the extension of trading hours, it will closely monitor market trends and take appropriate measures at night if necessary to maintain market stability.