◀ once more ▶
The won-greenback trade level exceeded 1,380 received.
Not only 1400 received, but it will also exceed 1500 gained.
There is also a check out like this.
If the trade rate rises like this, even if the worldwide price tag of oil drops to a maximum, the value of the oil we buy is not that inexpensive.
Despite the fact that Korea has ample overseas trade reserves, rising nations around the world are feared to fail.
Journalist Lee Duk-youthful will notify you.
◀ Report ▶
The won-greenback trade amount has risen once more.
1.384.2 gained.
At one particular issue in the early morning they had been more than 1,388 won, but it dropped a little thanks to verbal intervention by the authorities.
[추경호/경제부총리]
“About this sort of industry focus, the authorities will carefully check and just take ideal measures if needed and choose marketplace stabilization actions.”
The trade charge has risen near to 30 won in the earlier 7 days.
It is now setting a new substantial this calendar year in the middle of the working day for 6 consecutive trading times.
US interest amount hikes, Europe’s electrical power disaster, and China’s coronavirus freeze overlap.
Therefore, not only the winner, but also the euro and the yuan are depreciating.
If the exchange level goes up like this, even if the intercontinental value of oil goes down, the price tag we get does not go down a lot.
[박상현/하이투자증권 전문위원]
“In the scenario of Korea, the chance of short-phrase instability appears to have amplified somewhat, as it is pretty delicate to trade charges in concerns these types of as foreign cash.”
Korea’s international trade reserves stood at $ 436.4 billion at the stop of August.
At the very least it is secure, and it is a net creditor region with additional cash to acquire than to repay.
But the trouble is rising economies with a ton of greenback personal debt.
Sri Lanka has now declared default in April and Pakistan, Laos and Turkey, as effectively as the Czech Republic and Hungary, are at a disturbing level.
If it fails, the crisis could unfold to other countries.
But the dollar displays no indications of stopping.
The US is pretty most likely to elevate its essential fascination price by .75% p at the conclude of this month.
The exchange amount is feared to exceed 1,500 received and 1,400 gained.
This is Lee Deok-young of MBC News.
Video clip Modifying: Oh Yu-rim
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