#Scott Bessent Korean Won depreciation

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Financial chart of KRW/USD with a background of a US-Korea meeting

US Treasury Secretary Scott Bessent Slams Korean Won Depreciation as 'Inconsistent' With Fundamentals

US Treasury Secretary Scott Bessent warns that the Korean won't depreciation is inconsistent with fundamentals, amid Korea's $350B investment pledge. BOK holds rates steady.

Jan 15, 2026