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KRW/USD: South Korea Starts Trial Run of 24-Hour Won Settlement System
Source: Bloomberg
FintechCurrency & FXBanking & LiquidityTechnology & Innovation
South Korea’s central bank has begun testing a 24/7 won-payment system ahead of planned implementation next year. The infrastructure could improve foreign investors’ access to Korean local markets by enabling round-the-clock settlement and payments, supporting market accessibility and liquidity.
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