[South Korea's Choice Financial News News] Bank of Korea governor Lee Ju-yeol (left) is one 11 'impeachment decision variables affect the price of water Korea in the international financial market has been limited' said diagnosis.
BOK governor Lee Ju-yeol Wednesday morning at the opening of the main caucus thus explained after checking the time of reaction and foreign investors since the day before impeachment decision of the Constitutional Court the international financial markets.
According to the Bank of Korea, the day before the won / dollar rate of net settlement offshore forward market (NDF) has dropped 13 won by the weak dollar impact, it fell 2bp bonds that interest rates (10-year).
Credit default swap (CDS) premium was also slightly down from the previous day 47.6bp, shares of our banks (2.3%), KB Kookmin Bank (1.7%), South Korea company showed a rise.
The central bank 'major investment banks are domestic political uncertainty mitigation, was rated as investor sentiment after the new government launched fiscal spending expectations to gradually improve, it said "the future Korea economy is the Fed's interest rate hikes, trade protectionism of the US new administration Note was expected to be heavily influenced by external factors, such as strengthening, (對 韓) policy changes in China 'he said.
In particular, the governor Lee Ju-yeol stated that "The employment data released in the US during the night a good level of probability to the US Federal Reserve's interest rate hike this month is very high." The governor predicts that "more attention to the content of the remarks ssolril decision than whether to raise the door or yelreon chairman. US Department of Labor announced atdago exceeded market expectations in February nonfarm employment increased by 10 000 5000, 23 people (seasonally-adjusted).
He urged the governor Lee Ju-yeol 'Our economic uncertainty surrounding the external environment will continue to thoroughly check all the high financial and foreign exchange markets as conditions change any time.
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