Korean Law in English
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Foreign Exchange Transactions Act — Article 4 (Striving for Facilitation of Foreign Transactions)

외국환거래법 제4조

This English translation is based on the Korean text effective 2021-09-16. The Korean law has since been amended (current version effective 2026-01-02) — check the Korean original.

(1) The Minister of Economy and Finance shall strive to facilitate foreign exchange transactions and other foreign transactions by imposing restrictions under this Act to the minimum necessary extent.

(2) The Minister of Economy and Finance shall endeavor to create a foundation for stable supply and demand for foreign exchange and to stabilize the foreign exchange market, and shall formulate policies therefor.[This Article Wholly Amended on Jan. 30, 2009]

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