Won-Dollar Exchange Rate Opens at 1,443.5 Won, Up 5.6 Won

On November 5, the won-dollar exchange rate opened at 1,443.5 won in the Seoul foreign exchange market, up 5.6 won from the previous trading day.

Derivatives·Bonds·Forex

11.05 09:03

Daishin: "Exchange Rate to Range Between 1,360 and 1,480 Won per Dollar Over Next 3 Months"

On November 5, Daishin Securities suggested that the Korean won to US dollar exchange rate would range between 1,360 and 1,480 won per dollar over the next three months. Lee Juwon, a researcher at Daishin Securities, stated in the November foreign exchange report titled "Is the Dollar Back?" released on November 5, "For the external value of the dollar to decline and for the dollar-won exchange rate to stabilize downward, it must be reconfirmed that the US interest rate cut cycle and the global liquidity expansion phase remain valid." First, through a review of the October foreign exchange market, Lee pointed out that the Dollar Index, which measures the value of the US dollar against six major currencies, rebounded compared to the beginning of the month. He explained, "The US federal government shutdown, which has been prolonged, along with political uncertainties in countries such as France and Japan, and the ongoing US-China tensions, have caused fluctuations." He added, "In additio

Derivatives·Bonds·Forex

11.05 08:11

$200 Billion U.S. Investment Fund... Impact on the Bond Market

At last week's South Korea-United States summit, an agreement was reached on South Korea's $350 billion investment package in the United States and the easing of U.S. tariff barriers. The investment package consists mainly of a $200 billion cash investment and $150 billion in shipbuilding cooperation. The cash investment will be carried out within an annual cap of up to $20 billion. The government plans to use 75% of the annual $20 billion U.S. investment cap, or $15 billion, from interest and dividend income generated through the management of foreign exchange reserves. The remaining $5 billion (approximately 7 trillion won) is expected to be raised by establishing a new U.S. Investment Fund (tentative name), issuing dollar-denominated bonds with a government guarantee. On November 5, Hana Securities stated in its report, "KP: U.S. Investment Fund as a Catalyst for Qualitative Growth," that the regular issuance of government-guaranteed fund bonds could serve as an opportunity for qual

Derivatives·Bonds·Forex

11.05 08:05

Amid KOSPI Rally, "Buying Opportunities for Government Bonds Are Coming"... Outlook for Next Year [Practical Asset Management]

Recently, while the KOSPI has been on an unstoppable rally in the risk asset securities market, investments in government bonds?representative safe assets?cannot be overlooked. This is because government bonds are a core pillar of asset allocation for reducing portfolio volatility, and there are also expectations for the impact of Korea's government bonds being included in the World Government Bond Index (WGBI) next year. When is the right timing to buy bonds in 2026, according to the securities industry? According to a compilation of '2026 Bond Market Outlook' reports from securities firms including Shinhan Investment Corp. as of November 5, the consensus is that bonds will continue to play an effective role as safe assets in next year's financial market. These firms anticipate that opportunities to buy bonds (extend duration) will open up toward the end of this year and the beginning of next year. For this year, the general view among securities firms is that despite major economies

Derivatives·Bonds·Forex

11.05 07:00

Foreign Exchange Reserves Surpass $428.8 Billion... Largest in 2 Years and 9 Months

South Korea's foreign exchange reserves have increased for the fifth consecutive month, surpassing 428.8 billion dollars. This is the highest level since January 2023. The increase is attributed to higher investment returns and the issuance of new foreign currency stabilization bonds. According to the Bank of Korea on November 5, as of the end of last month, South Korea's foreign exchange reserves stood at 428.82 billion dollars, up 6.8 billion dollars from 422.02 billion dollars at the end of the previous month. This marks the highest level in two years and nine months since January 2023 (429.97 billion dollars). The increase was influenced by higher investment returns and the issuance of new foreign currency stabilization bonds. South Korea's foreign exchange reserves steadily increased until the second half of 2021, peaking at 469.2 billion dollars at the end of October 2021. However, they began to decline due to factors such as interest rate hikes by the US Federal Reserve in 2022.

Derivatives·Bonds·Forex

11.05 06:00

Won-Dollar Exchange Rate Closes at 1,437.9 Won, Up 9.1 Won

On November 4, in the Seoul foreign exchange market, the won-dollar exchange rate closed at 1,437.9 won as of 3:30 p.m., up 9.1 won from the previous trading day.

Derivatives·Bonds·Forex

11.04 15:31

Bank of Korea: "Consumer Price Inflation Rate Expected to Stabilize Around 2% at Year-End and Early Next Year"

"Although the consumer price inflation rate rose more sharply in October, it is expected to stabilize again around 2% toward the end of the year and early next year." Kim Woong, Deputy Governor of the Bank of Korea, stated this at a price situation review meeting held at the Bank of Korea headquarters in Jung-gu, Seoul, on November 4. He explained, "The October consumer price index increased more than expected due to higher agricultural product prices and a surge in both domestic and foreign travel demand around the long Chuseok holiday, which drove up travel-related service prices." Looking ahead, he projected that the consumer price inflation rate will stabilize again around 2% at the end of the year and the beginning of next year, considering the lower oil prices compared to last year and an expected slowdown in travel service prices. Last November and December, Dubai crude oil was priced at $73.1 per barrel, but it is now trading around $65 per barrel. However, given the recent hi

Derivatives·Bonds·Forex

11.04 09:34

Won-Dollar Exchange Rate Opens at 1,430.5 Won, Up 1.7 Won

On November 4, the won-dollar exchange rate opened at 1,430.5 won, up 1.7 won from the previous trading day, in the Seoul foreign exchange market.

Derivatives·Bonds·Forex

11.04 09:01

Won-Dollar Exchange Rate Closes Up 9.2 Won at 1,456.9 Won

Won-Dollar Exchange Rate Opens at 1,443.5 Won, Up 5.6 Won

Daishin: "Exchange Rate to Range Between 1,360 and 1,480 Won per Dollar Over Next 3 Months"

$200 Billion U.S. Investment Fund... Impact on the Bond Market

Amid KOSPI Rally, "Buying Opportunities for Government Bonds Are Coming"... Outlook for Next Year [Practical Asset Management]

Foreign Exchange Reserves Surpass $428.8 Billion... Largest in 2 Years and 9 Months

Won-Dollar Exchange Rate Closes at 1,437.9 Won, Up 9.1 Won

Bank of Korea: "Consumer Price Inflation Rate Expected to Stabilize Around 2% at Year-End and Early Next Year"

Won-Dollar Exchange Rate Opens at 1,430.5 Won, Up 1.7 Won

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