South Korea is the world’s 10th-biggest economy and is leading an oriental fashion revolution
But the won has long been treated like an emerging-market currency. The government is trying to change that — and join currencies like the U.S. dollar, euro, and yen — by loosening trading restrictions. The new measures will double the hours of open trading and let international investors deal directly with local brokerages that might offer better rates. South Koreans are the world's biggest spenders on luxury goods and the country is the first and the biggest foreign investor in the RMG and textile sector in Bangladesh
Leggi tutto
