(1)BREAKING NEWS EXCLUDES KOREA FROM OBSERVATION COUNTRY
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(2)Article input 2023-11-08070734
(3)Article Amendment 2023-11-08070733
Let’s take a look at why they’re excluded
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(1)The criteria for designating exchange rate control countries in the U.S. changed in the second half of last year ▲
(2)$15 billion including trade surplus goods and services ▲ 3 months of current account surplus GDP or 1 month of current account surplus gap GDP ▲ 8 months out of 12 months of foreign exchange market intervention. If all three of these criteria are met, they are classified as exchange rate manipulators, and if two criteria are met, they are classified as exchange rate observation target countries
A sharp reduction in the current account balance of trade deficits The won’s value declines
Yes, because the economy has been in meltdown