South Korean official suggests disclosing currency policies - Reuters
|Reuters is reporting on comments from an unnamed South Korean official stating that disclosing details of actions taken by currency authorities could help ease tensions around South Korea being labeled a 'currency manipulator' by President Trump.
Key quotes (source: Reuters)
" “Disclosing the details is likely to take some steam off (the review),” a government official told Reuters."
"South Korea, along with China, avoided the currency-manipulator label in twice-yearly U.S. Treasury report, but was kept on a currency “monitoring list”."
"The finance ministry said the ongoing discussions with the U.S. about currency policies are separate from KOREA-U.S. FTA talks."
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