This is due to the sharp increase in the trade surplus with the United States and the current account surplus. The U.S. Treasury Department reported to Congress on the 14th (local time)
In its "Major Exchange Rate Policies" report, the government designated seven countries - China, Japan, South Korea, Singapore, Taiwan, Vietnam, and Germany - as "countries under exchange rate monitoring."
South Korea was removed from the list of countries on foreign exchange watch list in November 2023, seven years after it was last listed in April 2016, but has now been placed on the list again.
was also a country under exchange surveillance.
2024/11/15 17:01 KST
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