SEOUL, Aug. 14 (Yonhap) — Daily spot transactions in the foreign exchange market rose more than 10 percent following the launch of around-the-clock foreign exchange trading last month, the finance ministry said Friday.
The Ministry of Finance and Economy revealed the data during a task force meeting to review the 24-hour trading system for the South Korean won, which was launched July 6 as part of the government’s efforts to improve foreign investors’ access to the country’s financial market.
“Since the launch of the 24-hour foreign exchange trading system, the market infrastructure has been operating smoothly without any incidents, and the won-dollar exchange rate has remained stable compared with those of major currencies,” the ministry said.
According to the government, daily spot transactions totaled US$17.39 billion in the first half of the year and rose 10.1 percent to $19.14 billion after the launch.
Participants at the meeting noted that trading during late-night hours is growing at a moderate pace due to factors such as the system being in its early stages and time zone differences with overseas markets.
Financial data is displayed on a screen at the dealing room of Hana Bank in Seoul on Aug. 14, 2026. (Yonhap)
brk@yna.co.kr
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