# Implications of the US Treasury’s Designation of Currency Manipulation for South Korea - Korea Economic Institute of America

> The US Treasury added South Korea to its currency monitoring list in November 2024, before the won's sharp drop. A new America First Trade Policy directs the Commerce Secretary to investigate the US current account deficit and reaffirms Treasury's authority to act against currency manipulation.

- Date: 2025-01-24 · published 2025-01-24T12:00:00.000Z
- Category: policy · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/26768-implications-of-the-us-treasury-s-designation-of-currency-manipulation-for
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Possible currency-manipulation actions could alter exchange rates and trade terms for Korean importers of US farm goods. The effect is indirect and depends on future enforcement.

## Sources

- keia.org: https://keia.org/analysis/implications-of-the-us-treasurys-designation-of-currency-manipulation-for-south-korea/

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