MSCI Maintains South Korea’s Emerging-Market Status in Review

South Korea’s bid for a developed-market status hit a setback after MSCI Inc. kept the country in the emerging-market category following a review, citing limited foreign exchange reforms and restricted availability of investment instruments.

source https://www.livemint.com/market/stock-market-news/msci-maintains-south-korea-s-emerging-market-status-in-review-11750805812340.html