The U.S. Treasury Department has designated Korea and nine other countries as currency watchlist countries. This is because Korea's current account surplus is increasing, and despite semiconductor exports, downward pressure on the won continues. The report analyzed that overseas stock investments such as the National Pension Service and purchases of U.S. stocks by individual investors have affected the weakening of the won. The Korean government plans to closely communicate with the United States and work to stabilize the foreign exchange market. In addition, the United States pointed out China's lack of transparency in its exchange rate policy and left open the possibility of designating it as a currency manipulator in the future.