Korea to restrict currency data

NEWS

From February 1, the Seoul Foreign Exchange Market Committee will limit the real-time currency data of USD/KRW spot to trading institutions.

It will affect approximately 19 local banks, 27 foreign banks and two brokers, SMBS and KMBC, said a spokesperson from the Seoul Foreign Exchange Market Committee.

Offshore and corporate customers will be provided with two-way prices (reference rates) by the individual trading banks for their respective clients, says the spokesperson.

Previously, real-time

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