exchange rate rise 6

BOK told the National Assembly to ‘tighten the exchange rate’, while the banks strengthened the increase in household loans

The Bank of Korea told the National Assembly to ‘tighten the exchange rate’, while the banks strengthened the increase in household loans Although the Bank of Korea reported credit uneasiness due to 'exchange rate rise and overvaluation of housing' in a report to the National Assembly, in reality, deregulation to maintain low interest rates, which widened the interest rate gap with the US, was a..

경제 2023.06.09

Overseas subsidiaries turned current account deficit, won ‘defenseless’ against ‘US interest rate of 6%’

In an economy dependent on overseas subsidiaries of chaebols as the current account deficit grows, a report titled “The yuan depreciates 5% due to a 6% increase in US interest rates” came out. In response to further rate hike remarks from the Fed chair, the UBS Maniknara Strategist report said that "the Fed's tightening towards 6% will firmly test the historic 'threshold of pain' for emerging ma..

경제 2023.03.10

1 year KRW exchange rate rise 2.5 times higher than inflation, the yen weakened

The KRW/USD rate rose 9.2% in January and the consumer price rose 3.6% YoY, 2.5 times higher, suggesting a 4% rise in February prices. The U.S. trade deficit rose 26.9% year-on-year in January to a record $859.1 billion. Korea's import surge is expected to increase inflation and trade deficits due to economic stimulus strengthening policies, as imports of crude oil, gas and coal in January of $1..

카테고리 없음 2022.02.09

Industry boom is seen, but stocks plunged due to inflation and exchange rate rise, V rebounded economy reversed

The exchange rate is rising as a side effect of the Corona stock rebound policy as industrial production and consumption are booming or stocks are crashing, causing inflation to increase and imports to overtake exports. On the 28th, the KOSPI index plunged 3.5%, and foreigners net sold more than 1.7 trillion won, and the KOSDAQ also plunged more than 3.7%, with foreign net selling of more than 2..

카테고리 없음 2022.01.28

Rising interest rates hitting the stock market out of central bank control

The Fed's low interest rate controls were out of sync and the global stock market went down. Japanese 10-year Treasury yields rose to the highest in five years in the morning of the 26th, and the US 10-year Treasury yield surpassed 1.6% on the 25th, leading the Korean stock market decline on the 26th, surpassing the New York and Japanese stock markets. The 10-year U.S. Treasury bond rose 0.5 per..

카테고리 없음 2021.02.26