The United States has kept South Korea on its list of countries to monitor for their foreign exchange policies, a Treasury Department report showed Thursday.
The department released the updated list in the semiannual “Report to Congress on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States.”
The latest monitoring list comprises South Korea, China, Japan, Taiwan, Thailand, Singapore, Vietnam, Germany, Ireland and Switzerland. All except Thailand were on the list in the June 2025 report.
South Korea was excluded from the list in November 2023 for the first time since April 2016 but put back into it in November 2024. It has since remained on the list.
Korea’s inclusion on the list was attributable to its bilateral trade surplus with the US and material current account surplus, the report showed.
