South Korea opens 24-hour won trading at a fraught moment

AI Summary

South Korea has introduced 24-hour trading for its currency, the won, during a period when the currency is near lows last seen in 2009. This move increases the won's exposure to global market speculators and impacts the country's economic outlook.

The launch onto the global stage is taking place just as the won is revisiting low levels last seen in 2009, which leaves the currency and economy more open to speculators.