South Korea prime minister says FX swap with US is necessary

ReutersSep 16, 2025 5:20 AM

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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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