Challenges Loom for South Korea's Currency Swap Proposal with U.S.

South Korea faces challenges in securing a bilateral currency swap with the U.S., according to National Security Adviser Wi Sung-lac. Citing past difficulties, Wi expressed doubts about the proposal's success.

The local media outlet Newsis highlighted Wi's concerns amid the won's struggles against the dollar, reaching a four-month low.

Political uncertainties, particularly surrounding trade talks with the Trump administration, compound the difficulties in future negotiations.