# US, South Korea agree not to target FX rates for trade advantage

> The United States and South Korea agreed that foreign exchange intervention should be reserved for combating excessive volatility and not used to target exchange rates for competitive advantage. The commitment was set out in a joint statement released Wednesday.

- Date: 2025-10-01 · published 2025-10-01T12:00:00.000Z
- Category: policy · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/23108-us-south-korea-agree-not-to-target-fx-rates-for-trade-advantage
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

The pledge reduces the risk of a sharp won devaluation tied to trade talks, supporting a steadier currency for Korean feed importers, with limited direct effect on grain prices.

## Read by commodity

- USDKRW: neutral

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/us-south-korea-agree-not-target-fx-rates-trade-advantage-2025-10-01/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.