Koo Yun-cheol, South Korea's Deputy Prime Minister and Minister of Finance, addressed concerns regarding the recently surpassed 1500 won per dollar exchange rate, affirming that they are closely monitoring the situation with vigilance, despite it being in its early stages. Koo acknowledged that external shock variables could stabilize quickly, which may alter the economic outlook. His remarks came during a parliamentary session discussing the Special Law on U.S. Investments, where the significant increase in the exchange rate raised alarms about potential economic crises affecting the nation.

During this meeting, lawmaker Park Seong-hoon expressed worries over how South Korea would secure funds amidst its plan to send $20 billion annually to the U.S. under the investment law, suggesting that many experts believe a Korea-U.S. currency swap is necessary for stability. In response, Koo highlighted South Korea's substantial foreign currency reserves, surpassing $400 billion, and mentioned that collectively, including private reserves, it exceeds $1 trillion. He emphasized that the U.S. does not consider South Korea to be lacking in foreign currency, which has resulted in their reluctance to enter a currency swap agreement.

Koo further clarified that although the South Korean government has been open to discussions about a currency swap, the U.S. response has been dismissive, as reflected in their stance that South Korea holds enough reserves. He also mentioned that the nature of investments directed at the U.S. entails repaying the principal and interest, indicating that they are not free funds. Koo encouraged a proactive approach to investment opportunities in the U.S., indicating potential benefits such as involvement of South Korean businesses and providing necessary resources in infrastructure projects.