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Kimchi bonds: risk or reward for Korean economy?

Kimchi bonds: risk or reward for Korean economy?

In a bold move to strengthen foreign exchange liquidity, South Korea has lifted a 14-year ban on local institutions investing in Kimchi bonds — non-won-denominated bonds issued domestically. This strategic decision follows the South Korean won hitting a 15-year low earlier this year, highlighting the government's efforts to stabilize the currency and attract foreign capital. Watch in for more details!