韩国央行将暂时免征外汇稳定税,以增加美元供应
Xin Lang Cai Jing·2025-12-19 06:40

Core Viewpoint - The Bank of Korea announced a temporary exemption of the foreign exchange stability tax for financial institutions starting next month, aimed at increasing the supply of US dollars in the domestic market [1][2]. Group 1: Policy Measures - The exemption from the foreign exchange stability tax will be in effect for six months starting from early January next year [1][2]. - The Bank of Korea will pay interest on the statutory foreign exchange reserve deposits held by financial institutions [1][2]. Group 2: Implications for Financial Institutions - The exemption is expected to lower the foreign currency borrowing costs for financial institutions, potentially increasing the supply of US dollars and other foreign currencies in the domestic market [4]. - Paying interest on foreign exchange reserves may encourage banks to hold more foreign currency, enhancing their ability to absorb liquidity shocks and helping to reduce market volatility [4]. Group 3: Market Context - These measures come at a time when the Korean won has significantly depreciated against the US dollar, with the exchange rate closing at 1479.8 won per dollar, the lowest since April 9 [4].