South Korea claims that the US foreign exchange report suggests that the unilateral trend of the South Korean won is inappropriate.
The South Korean Ministry of Finance stated that the US Department of the Treasury report claiming that the depreciation of the South Korean won by the end of 2025 "does not match the strong economic fundamentals of South Korea" indicates that the US Department of the Treasury acknowledges that the excessive unilateral trend of the South Korean won is not appropriate. The South Korean government will continue to maintain close communication with the US Department of the Treasury, further enhancing mutual understanding and trust between the two sides in the foreign exchange market, and maintaining cooperation aimed at ensuring the stability of the foreign exchange market.
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