# Korea moving to be clear on currency intervention - The Korea Herald

> South Korea is moving to increase transparency of its foreign exchange market, including possibly disclosing records of central bank intervention, to avoid being labeled a currency manipulator by the US. No decision on details has been made, and the US Treasury's next semiannual currency report is due in April. The Bank of Korea governor said a designation as manipulator is unlikely under US law but cannot be ruled out.

- Date: 2018-03-28 · published 2018-03-28T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/66225-korea-moving-to-be-clear-on-currency-intervention-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A possible currency manipulation label could shift won exchange rates and the cost of dollar-denominated feed imports for Korean buyers. The outcome depends on the April Treasury report, so the near-term price effect is limited.

## Sources

- koreaherald.com: https://www.koreaherald.com/article/1629118

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