DistantNews
Support us
MSCI sees improved investment product availability in Korea, but calls for forex market reform
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

MSCI sees improved investment product availability in Korea, but calls for forex market reform

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • MSCI noted improvements in the availability of investment products for the South Korean stock market.
  • However, the index provider highlighted the need for further liberalization of the foreign exchange market and information flow.
  • MSCI's comments came ahead of its annual country classification review.

Morgan Stanley Capital International (MSCI) has acknowledged an improvement in the availability of investment products accessible to global investors in the South Korean stock market. This assessment comes as the index provider prepares to release its annual country classification results next week.

Despite the positive note on product availability, MSCI pointed out areas requiring further development. Specifically, the organization emphasized the need for greater liberalization within South Korea's foreign exchange market and enhanced information flow. These aspects remain key areas for improvement, according to the review.

The MSCI's annual market accessibility review, released on June 19, indicated that the South Korean stock market has seen progress over the past year. The review evaluates various factors influencing foreign investment, with the country's market accessibility being a crucial component.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.