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Korean Won Launches 24-Hour Forex Trading on July 7, First Day Volume Hits $15.1B

2026-07-07 05:21:03

According to Jin10, Korean won started 24-hour forex trading on July 7, with daily volume reaching approximately $15.1 billion, down 6% from the past 30-day average. The extended trading hours fill the previous gap between Seoul regular sessions and New York trading times. Trading activity remained concentrated in Seoul's standard hours, while London and New York sessions saw typical light volumes. The mechanism marks an unprecedented relaxation of Korean won controls, signaling a shift from long-standing policy frameworks established after the 1997 Asian financial crisis.

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