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S. Korea picks 12 banks as won-yuan direct trading market makers for 2026

NAMPA / Xinhua
2025-12-26
SEOUL, Dec. 26 (Xinhua) -- South Korea picked 12 banks as market makers for direct trading between the South Korean won and the Chinese yuan for 2026, the foreign exchange authorities said Friday. Seven domestic banks, including Kookmin Bank and NongHyup Bank, are selected to take the lead in providing the bid and offer prices in the direct won-yuan trading market, while five local branches of Chinese banks, including the Bank of Communication......
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