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[국제]U.S. Treasury Department maintains Korea’s exchange rate monitor

The U.S. Treasurer has kept Korea and China on the list of exchange rate monitors.

The U.S. Treasury Department released a report on the macroeconomic and exchange rate policy of major trading partners on the 16th local time and announced 10 countries including China, Japan, Korea, Germany, Italy, Singapore and Malaysia as target countries.

Korea also met the standards of the countries to be observed in the trade surplus with the US and the current account surplus.

Switzerland and Vietnam were added to the exchange rate control countries this time, and Taiwan, Thailand and India were newly added to the list.

If designated as an exchange rate manipulator, the United States may request correction from the country, but if it does not improve after a year, it may impose sanctions such as restrictions on US corporate investment.

Observed countries will be subject to ongoing surveillance by the US Treasury Department.

[저작권자(c) YTN & YTN plus 무단전재 및 재배포 금지]

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