South Korean Finance Minister: Excessive depreciation of the Korean won must be stopped.

date
16/01/2026
South Korean Finance Minister: The planned $350 billion investment in the United States is unlikely to start in the first half of 2026. The foreign exchange situation is not sufficient to trigger large-scale capital outflows. Herd behavior in the foreign exchange market will not be tolerated. With MSCI about to upgrade South Korea to developed market status, additional capital flow measures are not currently being considered. The ultimate risk of Korean won depreciation is igniting inflation. The focus will be on improving the economic fundamentals in areas such as artificial intelligence, semiconductors, biotechnology, and food to deal with foreign exchange market volatility. Expectations of excessive depreciation of the Korean won must be stopped.