Korea to Launch 24-Hour FX Trading in July to Secure Upgrade

South Korea will introduce 24-hour foreign exchange trading in July and relax rules for offshore transactions by September, the latest step in its years-long effort to secure developed-market status from MSCI Inc.

The proposed round-the-clock trading hours will lift volumes and eliminate the gap from the current 2 a.m. Seoul close, according to the government’s 2026 economic growth strategy report unveiled Friday.