South Korea's vice finance minister said on Monday the country is not worried about new US laws that allow Washington to bar countries from US trade deals and government procurement contracts if they keep currencies artificially low.
"Our foreign exchange officials are currently carrying out their tasks in a balanced manner and offshore parties have agreed on this as well. We are not hugely concerned (about the legislation," Vice Finance Minister Choi Sang-mok said in a regular meeting with reporters in Sejong, south of Seoul.
"We are explaining ourselves as much as we can through a number of ways."
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