MSCI keeps South Korea at emerging market status, cites FX accessibility
Published on: Tuesday 23 June 2026
SEOUL, June 24 (Reuters) - Global index provider MSCI kept South Korea in its emerging-market category, citing long-standing accessibility issues related to the onshore foreign exchange market in its annual market-classification review. "The Korean won is not deliverable offshore. Even more concerning, onshore liquidity during the extended FX trading hours remains largely insufficient to support