Story perspectives
US Puts South Korea on Currency Manipulation Watchlist
6/8/2025
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Story summary
- The US Treasury has placed South Korea on its currency manipulation watchlist due to a $55 billion trade surplus.
- South Korea's forex market interventions are not considered manipulative, focusing on strengthening the won.
- The US intends to expand its scrutiny of currency policies, raising concerns for Korean institutional investors.
- Ongoing US-Korea discussions aim to improve mutual understanding of foreign exchange policies.
