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Tuesday, June 23, 2026
HomeBusinessSouth Korea's finance minister says current FX level 'excessive'

South Korea’s finance minister says current FX level ‘excessive’

SEOUL, June 23: South Korea’s Finance Minister Koo Yun-cheol said at a cabinet meeting on Tuesday that the current foreign exchange level at around mid-1, 500 won per U. S. dollar is “excessive” compared to the country’s fundamentals. Asked by South Korean President Lee Jae Myung about why the won is so weak d

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