South Korea Opens Direct Overseas Won Settlement in Currency Globalization Push
Economy

South Korea Opens Direct Overseas Won Settlement in Currency Globalization Push

Foreign financial institutions can now settle won payments abroad through a new RFI-K licence, removing a longstanding h...

Niamh O'Sullivan 👁 22 💬 0
Bank of Korea Ends 13-Year Gold Pause With ETF Stake and Domestic Buying Plan
Markets

Bank of Korea Ends 13-Year Gold Pause With ETF Stake and Domestic Buying Plan

South Korea's central bank revealed a $250m SPDR Gold Trust position and is preparing to buy locally produced gold bars,...

Yael Ben-David 👁 77 💬 0
Bank of Korea Makes First Gold Investment in 13 Years via $250 Million ETF
Economy

Bank of Korea Makes First Gold Investment in 13 Years via $250 Million ETF

The Bank of Korea disclosed a $250 million SPDR Gold Trust stake and signalled physical gold purchases may resume, joini...

Niamh O'Sullivan 👁 46 💬 0