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U.S. Treasury Maintains South Korea on Currency Monitoring List With 9 Others

2026-07-24 02:09:18

According to the U.S. Treasury Department statement released on July 23, South Korea was maintained on the currency monitoring list in the department's semi-annual foreign exchange report to Congress. South Korea, China, Japan, Taiwan, Thailand, Singapore, Vietnam, Germany, Ireland, and Switzerland were designated as monitoring-list countries. The assessment period covered January to December 2025. South Korea qualified for the list due to its trade surplus above $15 billion and current account surplus exceeding 3% of GDP. The report noted the Korean won appreciated 2.3% against the U.S. dollar but depreciated 5.3% on a real effective exchange rate basis.

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