The governor of the Bank of Korea states that the Korean won has sufficient resilience and emphasizes that monetary policy can act independently from the Federal Reserve.

⑴ The Governor of the Bank of Korea stated to the media during the Jackson Hole annual meeting that even with the US Dollar Index rising, the Korean won has demonstrated strong resilience, the exchange rate remains within a controllable range, and the central bank is fully prepared to deal with various external shocks. ⑵ Regarding Korea's recent preemptive interest rate hike measures, Rhee Chang-yong described this as a forward-looking policy consideration, rather than passively following the Federal Reserve, and emphasized that the Bank of Korea can independently implement monetary policy, stating, "A US rate hike does not mean we have to immediately follow suit." ⑶ When asked whether Korea's investment commitments to the United States would put pressure on the domestic currency, the governor responded that the scale of related agreements is within manageable levels and will not have a significant impact on the stability of the exchange rate. ⑷ This is Rhee Chang-yong's first time attending the Jackson Hole Global Central Bank Annual Meeting as central bank governor. His remarks aim to boost market confidence in the Korean won exchange rate and policy independence, especially given the ongoing uncertainty over the Federal Reserve’s interest rate trajectory. The medium- to long-term trend of the won will depend more on domestic economic fundamentals and export competitiveness.