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Hania Humayun

South Korea to launch 24-hour FX trading in July 2026 to support MSCI upgrade bid

South Korea will introduce round-the-clock foreign exchange trading from July as part of a broader push to secure developed-market status from MSCI. Under President Lee Jae Myung, the KOSPI surged 76% last year, while officials also upgraded the country's 2026 growth forecast to 2.0% on expectations of stronger exports and domestic demand.
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