POPA Recon[Digital Times] [Breaking News] US re-designates Korea as a country subject to exchange rate monitoring… Evaluation of “progress in opening…
[Digital Times] [Breaking News] US re-designates Korea as a country subject to exchange rate monitoring… Evaluation of “progress in opening foreign exchange market” • The U.S. Treasury designated 10 countries, including Korea, as countries subject to exchange rate monitoring. • Despite Korea's large current account surplus, there is continuous devaluation pressure on the won. • Korea’s efforts to improve its foreign exchange market system were evaluated positively. • Progress is being made in easing restrictions on the participation of foreign investors in the foreign exchange market. • This…
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