U.S. to re-list S. Korea to currency watchdog list

The U.S. has put Korea back on the list of exchange rate observation countries.

The U.S. Treasury Department added South Korea to its list of observations in its semi-annual report released on the 14th local time.

In addition to Korea, China, Japan, Taiwan, Singapore, Vietnam, and Germany were listed as exchange rate observation countries.

South Korea has been on the exchange rate watch list for seven years since 2016, but it was removed from the list for the second consecutive time in November and June last year.