Global Markets: MSCI keeps South Korea in emerging-market index, cites market accessibility hurdles (opens original article in a new tab)
MSCI has kept South Korea in its emerging-market index, citing persistent challenges in market accessibility, particularly in the onshore foreign exchange market. Despite this, South Korea's KOSPI index has performed strongly, doubling in value over the past year.
- MSCI retains South Korea in emerging-market index due to ongoing market accessibility issues
- South Korea's onshore foreign exchange market faces liquidity and deliverability challenges
- Reforms by South Korean authorities are ongoing, with potential for future developed-market inclusion
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