韩国总统李在明释放强力维稳信号 韩元汇率承压反弹

Core Viewpoint - The South Korean President Lee Jae-myung expressed optimism that the Korean won will stabilize around 1400 won per US dollar within the next one to two months, which has boosted market confidence [1]. Group 1: Currency Performance - The Korean won appreciated by 0.7% during trading, reaching 1468.00 won against the US dollar [1]. - President Lee noted that the recent depreciation of the won is not unique to South Korea, and compared its performance to the yen, suggesting that if the won depreciated at the same rate as the yen, it could approach 1600 won [1]. - Despite record high exports of 700 billion USD and a trade surplus, the won remains near last year's low, which hit a 17-year low [1]. Group 2: Government Actions - To alleviate pressure on the foreign exchange market, the South Korean government has decided to postpone its commitment to invest 20 billion USD in the US this year, part of a larger 350 billion USD investment plan [1]. - This decision reflects the authorities' cautious assessment of current capital outflows and financing capabilities [1]. Group 3: Market Sentiment - Retail investors in South Korea have shown a strong preference for US stocks, with their holdings reaching nearly 172 billion USD, setting a new record [1]. - Foreign investors have been continuously selling Korean stocks, further exerting pressure on the won [1]. - Kookmin Bank economists noted that the President's strong statements on foreign exchange issues are rare and indicate a firm commitment to stabilizing the market [2].