Korea's planned annual investment of up to $20 billion in the United States is unlikely to put pressure on the won, as the local currency has become more resilient to external shocks, Bank of Korea (BOK) Gov. Shin Hyun-song said. Speaking to reporters on the sidelines of the Jackson Hole Economic Policy Symposium in Wyoming on Friday (local time), Shin said the size of the investment was manageable, given Korea's foreign exchange reserves. "The memorandum of understanding says Korea will invest up to $20 billion annually in the U.S. While the investment could reach $20 billion, we could invest less, depending on the circumstances," Shin was quoted as saying in response to a question about whether the planned investment could put pressure on the won. Seoul's commitment to invest up to $20 billion annually is part of a larger $350 billion investment framework with Washington in exchange for lower tariffs. But concerns have emerged that the investment commitment could put additional pressure on the foreign exchange market by increasing demand for dollars, particularly if the won remains wea