On the 4th, the won-dollar exchange rate fell by more than 30 won during the day, coming down to the 1,430 won level. The weakening of the won appears to have eased as political uncertainty dissipated following the impeachment of former President Yoon Suk-yeol. There are indications in the market th...
On 4th in the morning, the won-dollar exchange rate plummeted by more than 16 won at the start. The decline can be attributed to concerns over U.S. economic stagnation following President Donald Trump's announcement of reciprocal tariffs, which led to a weaker dollar. The volatility of the exchange ...
Domestic financial and currency authorities emphasized the need to improve real estate lending policies to break the cycle of rising household debt. As a specific measure, they proposed a 'shared equity mortgage' system, where individuals share equity with the government when purchasing dwellings. B...
Despite the United States imposing mutual tariffs, the won-dollar exchange rate rose slightly compared to the previous day. This is due to the tariff level exceeding market expectations, raising concerns about stagflation in the U.S. According to the Seoul foreign exchange market on the 3rd, the wee...
The won-dollar exchange rate has surpassed 1,470 won due to the United States' reciprocal tariff imposition and domestic political instability. This is the highest level in 16 years since March 2009 during the financial crisis. Some predict that if the global trade war escalates due to the U.S. tari...
The Bank of Korea argued that capital regulations should be supplemented to alleviate the phenomenon of real estate concentration in private credit. It advised strengthening incentives for financial institutions to increase loans to corporations with high capital productivity and restructuring the o...
The Bank of Korea noted that the United States' reciprocal tariff measures were stronger than expected and stated it would strengthen market monitoring. Bank of Korea Vice Governor Yoo Sang-dae held a 'market situation assessment meeting' on the morning of the 3rd to examine the impact of the United...
The won-dollar exchange rate has once again surpassed 1,470 won due to U.S. President Donald Trump's "tariff bomb." According to the Seoul foreign exchange market on the 3rd, the won-dollar exchange rate opened at 1,471 won, up 4.4 won from the previous trading day's closing price (1,466.6 won). As ...
The foreign exchange reserves of our country, which had been decreasing for two consecutive months, turned to an increase last month. This was because commercial banks deposited dollars with the Bank of Korea to meet the quarter-end Bank for International Settlements (BIS) ratio. The increase in for...
Last month, the consumer price index rose by 2.1%, which the Bank of Korea analyzed was due to factors such as increased university tuition. On the 2nd, Kim Woong, the vice governor of the Bank of Korea, explained at a price situation monitoring meeting he chaired that “the consumer price inflation...
