Seoul Pushes for MSCI Classified as Developed Market Member

Seoul Pushes for MSCI Classified as Developed Market Member
The South Korean finance ministry continues efforts to advance its status within the developed-market category under the MSCI index, while maintaining its positioning in the emerging-market class.

Recent updates indicate that South Korea’s government remains committed to its goal of rejoining the developed-market category, emphasizing the need for continued reform in foreign exchange and capital markets. The ministry highlights ongoing work to improve market transparency, liquidity, and regulatory frameworks.

Despite current challenges, including limited currency convertibility and short liquidity during foreign exchange trading hours, experts believe that incremental progress could soon be recognized. MSCI acknowledges these efforts but notes that final classification depends on sustained performance.

South Korean authorities are focused on meeting 39 core criteria, with a target to finish major reforms before the KPIs transition to a developed-market label. The process involves close coordination with international investors and continuous policy refinement.

For more details on the evolving situation, the finance ministry recommends following official sources for the latest developments.

Source link