Day: February 21, 2024

S. Korea to ease FX regulations for foreign investors

SEOUL, South Korea will allow offshore investors’ overdrafts of Korean currency over the course of their foreign exchange transactions as part of efforts to improve their convenience in stock and bond trading here and promote investment, the finance m…

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DP vows to allow bitcoin-based ETFs

SEOUL, The main opposition Democratic Party (DP) vowed Wednesday to allow bitcoin-based exchange-traded funds (ETF) as part of campaign pledges ahead of the April elections.

The DP seeks to improve investors’ access to financial products based on vir…

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Exports fall 7.8 pct during first 20 days of February

SEOUL, South Korea’s exports fell 7.8 percent on-year in the first 20 days of this month due mainly to fewer working days, data showed Wednesday.

Outbound shipments reached US$30.72 billion in the Feb. 1-20 period, compared with $33.33 billion tallie…

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S. Korean Bond Yields on Feb. 21, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.486 3.474 +1.2

2-year TB 3.474 3.471 +0.3

3-year TB 3.402 3.405 -0.3

10-year TB 3.474 3.489 -1.5

2-year MSB 3.463 3.461 +0.2

3-year CB (AA-) 4.090 4.105 -1.5

91-day CD 3.700

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