韩国成立特别工作组应对韩元贬值

Core Viewpoint - The South Korean government is forming a special task force to address the depreciation of the Korean won, which is currently trading at around 1,466.9 won per dollar, close to its lowest level since 2009 [1][3]. Group 1: Task Force Formation and Objectives - The Ministry of Finance is collaborating with exporters, securities firms, and relevant departments to establish a special task force aimed at developing measures to counter the depreciation of the won [1][4]. - The task force will regularly monitor exporters' currency exchange behaviors and overseas investment positions, while considering incentives for companies converting foreign currency income into won [1][4]. Group 2: Market Analysis and Investor Behavior - The depreciation of the won is partly attributed to domestic investors purchasing foreign securities and foreign investors selling Korean securities following a significant rise in the stock market [1][4]. - Experts suggest that recent concerns among exporters about further depreciation of the won have led them to hold onto dollar earnings instead of selling immediately, contributing to the won's weakness [1][4]. Group 3: Tax Incentives and Regulatory Oversight - The South Korean government is exploring tax incentives, such as expanding the tax exemption range for dividends from overseas subsidiaries [2][5]. - The task force plans to enhance supervision of securities firms regarding their obligations to explain overseas investment products to clients and to prevent excessive leveraged investments [2][6]. Group 4: Collaborative Framework for Market Stability - A four-party consultative body, including the Ministry of Finance, the Bank of Korea, the National Pension Service (NPS), and the Ministry of Welfare, will design a "new framework" to align the investment returns of the national pension with market stability and mitigate fluctuations in the foreign exchange market [2][6].