[Citibank: South Korea's $350 Billion Investment in the U.S. May Increase Pressure on the Korean Won] According to a report by Jinse Finance, Citibank analyst Jin-Wook Kim stated that South Korea's commitment to invest $350 billion in the United States could put pressure on the Korean won. Due to lessons learned from the 1997-1998 financial crisis, South Korea is unlikely to tap into its $416 billion in foreign exchange reserves. As a result, public institutions may need to raise $20 billion to $30 billion in foreign currency annually. The remaining $86 billion to $96 billion in financing may have to rely on the bond market. Large-scale bond issuance could drive up financing costs and exert pressure on the Korean won. Even if private enterprises share part of the financing burden, the reduced proportion of dollar export revenues converted into Korean won due to U.S. investments could still pose a depreciation risk. Citibank expects South Korea to request the U.S. to provide solutions for potential foreign exchange shocks and seek to extend the timeline for the investment commitment. (Jin10)