Exclusive: US, Korea Focusing on Structure of $350B Deal, Not Swap
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مدعوم بالذكاء الاصطناعيSouth Korea and the US are focusing on the structure of a $350 billion investment pledge, rather than a currency swap, according to Finance Minister Koo Yun Cheol.
Moderate, as a potential $350 billion investment pledge could boost investor confidence in the South Korean economy, but the lack of a currency swap may limit its immediate impact on currency markets.
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South Korea and the US are focusing on the structure of a $350 billion investment pledge by Seoul, rather than a currency swap, according to Finance Minister Koo Yun Cheol. Koo spoke exclusively with Bloomberg's Shery Ahn about the progress of talks, on the sidelines of the 2025 APEC Finance Ministers’ Meeting in Incheon, South Korea. (Source: Bloomberg)
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