Korea’s NPS Plans to Open Foreign Currency Account
Posted on 06/25/2013
Korea’s National Pension Service (KNPS) plans to make a foreign currency account to enhance management of their burgeoning overseas investments. After several key-level governmental meetings, the Korean national pension investor is branching out of domestic investments. The KNPS has major exposure to the Korean capital markets. From the end of 2012, 64.1 trillion KRW are […]