To boost the Korean Won, South Korea plans to expand the scope of foreign investors' Korean bond trading and collateral.

Odaily Planet Daily News: The South Korean Ministry of Finance stated on Sunday that it plans to allow foreign financial institutions to borrow Korean Won through temporary overdrafts and permit them to use Korean Won-denominated bonds as collateral in financial transactions. These measures are part of an incentive policy aimed at encouraging the use of the Korean Won, seeking to transform it from a restricted local currency into a more global one. Since July 6, South Korea has extended the trading hours of the USD/KRW market to a 24-hour trading system, marking the opening up of South Korea's long-closed currency. (Jinshi Data)