The consequences have finally appeared!The exchange rate plummeted, exports fell by 11, and the Unit

Mondo Finance Updated on 2024-01-30

Recently, South Korea's economy has faced a series of challenges, so there is a lot of related news.

South Korea has launched a special mechanism to deal with prices, and South Korean regulators have claimed that it is possible to further extend the ...... by prohibiting short selling

Now,The depreciation of the South Korean won, as well as debt pressures under US control, have brought enormous economic pressure and difficulties to South Korea.

First of all, South Korea has been slightly ** since the beginning of this year, but it has recently seen a large **, especially after August this year.

As a result, the regulatory authorities had to ban ** short selling and investigate institutions suspected of aggressive short selling. This series of measures is aimed at stabilizing the market, but it also reflects the instability and vulnerability of South Korea**.

But unfortunately, it backfired, **only** for one day, and then ushered in the whole week**.

Secondly, the South Korean won exchange rate has always been in the **, and the latest exchange rate is only 000076 USD. This means that the purchasing power of the won has decreased, which has a negative impact on the Korean economy.

The depreciation of the won could lead to imports***, which could further push up prices in South Korea** and cause more inflation.

On November 9, South Korea launched a special mechanism to stabilize prices in order to avoid the bad impact of inflation on South Korea.

In October of this year, South Korea's CPI increased by 38%, is the last three consecutive months of gains of more than 3%.Among them, the increase in aquatic products reached 73%, and the increase in vegetables reached 135%, these are the daily needs of the people, so there are a lot of complaints.

However, some people believe that South Korea's current situation can be regarded as self-inflicted, and it is even very likely that it is deliberately cooperating with the United States to harvest.

The main shareholder of many large South Korean companies is already the United States. This means that South Korean companies may be affected by U.S. interests under economic pressure.

In the midst of the Asian financial crisis and later the subprime mortgage crisis, South Korea's economy was on the verge of collapse, and it had to turn to international organizations controlled by the United States for help, but this also meant that South Korea had to endure high interest rates and conditions offered by the United States.

At that time, the conditions included opening up to foreign investment, which led to the equity of many important South Korean companies falling into the hands of Western countries.

South Korea's economic lifeline is mainly controlled by a few large conglomerates, but there are often intricate controlling relationships behind it, some of which are in the hands of Americans, and some of which are actually held by Wall Street through constant cross-ownership.

In fact, in the past financial crisis, South Korea was a typical negative teaching material that was harvested.

Now South Korea is likely to face a new round of harvesting.

Since the beginning of this year, South Korea's exports have faced serious challenges. South Korea's exports fell by 11., the data showed5%。

What makes people feel very amazing is that South Korea did not find a way to vigorously expand more ** markets, on the contrary, South Korea ** chose to follow the United States to implement a decoupling strategy.

As an export-oriented economy, South Korea is highly dependent on the international market, and the economic decoupling from the United States could have a greater impact on South Korea's export industry.

Knowing that he can't do it, is it really to cooperate with the harvest of the United States?

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