earticle

영어

In the midst of fierce debate on the initiatives of key currency between U.S and the China in international society, the key currency is matters, and if the currency of a country becomes the paying instrument of international society, that country will have tremendous prestige and benefits. However, Korea has been keeping a neutral stance. The reason is that there would be a severe damage on our economy dependant on trade from trade revenge out of one of them. At present the government takes a serious position to release its examined opinion, having no any detailed suggestion and official discussion. Even though dominant dollar international currency order will continue for a considerable time in the future owing to the effects of steadfast superpower status of U.S.A, and the its sufficient flexibility in financial market, sustaining factor of bill in dollar. So a long necessary time of the development of competitive currency is predicted. The present international currency order seems to carry on its performance with so gradual and phased muti-currency system in the long term.