https://jp.reuters.com/article/south-korea-markets-idJPKBN21411Q
[Seoul 17th Reuters] -
Pays a lot of interest and moves to raise dollars .
2020/01/03
The Korean government said on the 18th
It is expected to announce measures to alleviate the dollar fund shortage in the domestic market.
Two government officials familiar with the situation revealed.
According to officials,
Rising dollar funding interest rates in Korean financial markets
According to the company, this is a response to growing funding constraints.
There was no further explanation.
The government also
Market Instability and Wuhan Pneumonia Virus Outbreak
We are preparing to announce additional measures.
One of the government officials said on Tuesday
"Announcement of measures to ease funding stress will be announced"
Statement.
He added that measures included in coordination with the Central Bank of Korea were also included.
Wuhan pneumonia virus epidemic has severe economic impact and key stock markets are falling
In addition, investors may be holding commodities, stocks,
They are being forced to sell relatively risky bonds.
From this and concerns about future cash flows
The demand for dollars is growing as securities companies seek to secure dollar funds.
Korean investors pay when swapping won for dollars
Premium < KRWCBS1Y = > added 269 points on the 17th,
According to Refinitive data, it was a record high.
This implies rising demand for dollars in the Korean financial market.
An official of the Ministry of Planning and Finance declined to comment on the measures to be announced.
1200 is said to be a parting line for a long time,
Despite the desperate intervention with abundant funding,
Over the past few days, the won's value of more than 1200 stands out.
Today is the last danger line 1250 .
I think they are begging for swaps in Japan behind the scenes
But you must never respond to a country that returns your favors.
You should have learned from the response after saving twice.
Approved 1656
Opposition 19
Lack of dollar funds?
What country are you talking about ?
Certainly, the country that prepared the highest foreign currency reserves in the past and said that it was OK
I think it's a different country.
Approval 1604
Opposition 22
Japan should never be involved in this matter
It is not grateful to have returned even if you have exchanged in the past currency swap
Rain and hail of actions and insults insulting Japan
If it is not our country Japan but other countries, it may be a war
The relationship with such a person is only a place that damages national interests or a stain of Japan in Japan
Approved 1530Opposition 12
Is UFJ, Mizuho OK?
Signing a swap with Korea without permission.
If you fall, Japanese taxes will be used.
Why nobody says anything!
Approval 626
Opposition 4
The focus on focusing on China only has accumulated.
But China doesn't do anything to Korea.
Don't ask Japan for a currency swap if you make a mistake.
Approval 519
Opposition 3
Isn't the foreign currency reserve the highest ever?
counter-measure? ? ?
There is no place to lend dollars to won anymore.
The dollar borrowed when swapping with Japan has not yet been redeemed from your country. . .
Maybe two Japanese megabanks have loaned dollars? ! ! !
If that is the case, we must withdraw assets from Korea as soon as possible! ! !
Approval 518
Opposition 3
Will you announce tomorrow?
From today's evening to tomorrow morning,
Under the water (Underground negotiations)
Korea is asking Japan for a swap.
Or Korea may ask Japanese megabanks to increase their credit facilities.
Anyway, please stop it.
And if we couldn't make any announcements tomorrow, that would be a laugh.
Approval 507
Opposition 3
I think if there is an effective countermeasure, I will announce it immediately as before.
Are Japanese banks OK?
Approval 379
Opposition 1
It would be impossible for Korea to produce something that does not exist.
Korea made allways just counterfeiting.
Please stop partnering with North Korea and playing fake dollar bills.
Approved349
Opposition 3
Yes, the Deputy Prime Minister say South Korea had $ 430 billion in foreign currency.
Did you speak a lot about finance?
Just a recent announcement. Is it a lie again?
Where did this big money go?
So, at the G20 , you shouted swap and swap.
South Korea swaps with 7 countries, so it should be OK.
Don't be fooled by Prime Minister Abe, Korea ’s special technique,
Dogeza (kneel down on the ground and apologize).
The previous
Remember 李明博（Lee Myung-bak,이명박） when you were president.
As soon as it was tied, he landed on 竹島(Takeshima) ,
An apology request to 天皇陛下(His Majesty the Emperor) .
Approved340
Opposition 2