Currency Manipulation Archives | Be Korea-savvy
Seoul and Washington Reaffirm Pledge Against Currency Manipulation

Seoul and Washington Reaffirm Pledge Against Currency Manipulation

SEOUL, Oct. 1 (Korea Bizwire) – South Korea and the United States have reaffirmed a fundamental principle to avoid manipulating exchange rates and to monitor the “stability” of the foreign exchange (FX) market, Seoul’s finance ministry said Wednesday. The two countries have agreed to “avoid manipulating exchange rates or the international monetary system to prevent [...]

S. Korea Sends Letter of Protest to FT over Report on Currency Manipulators

S. Korea Sends Letter of Protest to FT over Report on Currency Manipulators

SEJONG, Feb. 16 (Korea Bizwire) – The South Korean government has sent a letter of protest to international daily newspaper Financial Times (FT) over its recent news report that Seoul has intentionally devalued its currency, a government official said Thursday.  In the article titled “Donald Trump’s anger at Asian currency manipulators missed target” moved on [...]