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FINANCE

South Korea to delay US$20 billion investment in US, Bloomberg says

FINANCE
21-01-2026 12:16 HKT
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A South Korean war veteran holds the national flag during a ceremony commemorating the 70th anniversary of the Korean War, near the demilitarized zone separating the two Koreas, in Cheorwon, South Korea, June 25, 2020. REUTERS/Kim Hong-Ji
A South Korean war veteran holds the national flag during a ceremony commemorating the 70th anniversary of the Korean War, near the demilitarized zone separating the two Koreas, in Cheorwon, South Korea, June 25, 2020. REUTERS/Kim Hong-Ji

South Korea will delay fulfilling its investment commitment of up to US$20 billion in the US due to currency pressure, Bloomberg reported.

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The timeline will be pushed back to after the won has stabilized, the news agency said, citing sources familiar with the matter. 

The currency has been hovering around a 16-year low against the US dollar.


 

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