South Korea prime minister says FX swap with US is necessary
ReutersSep 16, 2025 5:20 AM
SEOUL, Sept 16 (Reuters) - South Korea's prime minister said on Tuesday there had been discussions about setting up a foreign exchange swap line with the U.S. because it was deemed necessary.
South Korea's negotiations with the U.S. on a trade deal to lower tariffs have stalled amid concerns over the foreign exchange implications of a $350 billion investment fund, part of an agreement reached with President Donald Trump in July.
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