The U.S. Treasury Department did not designate South Korea as a currency manipulator in its latest foreign exchange policy report, official sources said.
South Korea, along with several other countries, has been on Washington's watch list, as Asia's fourth-largest economy has consistently maintained a trade surplus with the United States. The U.S., however, kept South Korea, China, Japan, Germany and Switzerland on its currency manipulator watch list. Taiwan was excluded from the latest monitoring list.
(Yonhap)