# Korea to enhance FX market stability after removal from US currency monitoring list - The Korea Times

> South Korea was removed from the US Treasury currency monitoring list on November 7, the first delisting since the list began in 2016. Analysts said the move reduces the risk of Korea being labeled a currency manipulator and gives it more say in trade talks. Experts said the delisting has no material economic impact because the list carries no penalties.

- Date: 2023-11-08 · published 2023-11-08T12:00:00.000Z
- Category: policy · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/33422-korea-to-enhance-fx-market-stability-after-removal-from-us-currency-monitoring
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

The delisting is symbolic and does not change trade flows or feed import costs. It may support longer-term won stability, which matters for import pricing.

## Sources

- koreatimes.co.kr: https://www.koreatimes.co.kr/economy/20231108/korea-to-enhance-fx-market-stability-after-removal-from-us-currency-monitoring-list

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