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South Korea Says It Is in Close FX Talks With Japan, Calls USD-KRW Misaligned

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2026-07-02 06:01:55
South Korea’s vice finance minister said the country is maintaining close communication with Japan on foreign-exchange matters and argued that the U.S. dollar–South Korean won exchange rate does not align with economic fundamentals.

According to Jin10, the official said South Korea and Japan have been keeping in close contact regarding currency-related issues.

The vice finance minister also said the USD-KRW exchange rate is inconsistent with underlying economic fundamentals.
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