
South Korea is set to relax restrictions on banks' foreign exchange forward positions, a move aimed at enhancing financial market stability and promoting economic growth. The Finance Ministry announced that the limit for foreign banks' FX forward positions will increase to 375%, while domestic banks' FX forward position cap will rise to 75%. This regulatory easing is intended to improve liquidity conditions within the financial sector.
South Korea announces plans to ease restrictions on banks' foreign exchange forward positions. The move aims to enhance financial market stability and promote economic growth. #SouthKorea #ForeignExchange #Finance
🇰🇷SOUTH KOREA TO EASE FX REGULATIONS TO IMPROVE LIQUIDITY CONDITIONS-FINANCE MINISTRY. https://t.co/n0nJRUSFn2
South Korea to ease FX regulations to improve liquidity conditions https://t.co/3NoLZGbJxB