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KRW/USD: South Korea Starts Trial Run of 24-Hour Won Settlement System

South Korea’s central bank began testing a system for round-the-clock won payments, laying the groundwork for greater foreign access to local markets that is set to be implemented next year.

This article was originally published by Bloomberg Markets and is republished here under license.

South Korea’s central bank began testing a system for round-the-clock won payments, laying the groundwork for greater foreign access to local markets that is set to be implemented next year.

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