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Agency: After the promulgation of martial law, South Korean government bonds will be the benchmark for the stock and foreign exchange markets
Editor
2024-12-04 02:02 920
Golden Finance reported that Seo Sang-Young, a market strategist at Mirae Asset Securities (Mirae), said that the emergency martial law declared by the President of South Korea will test the market’s confidence in South Korean government bonds, which are the key to determining the direction of the Korean stock market and the Korean won. If foreign investors sell Korean government bonds based on uncertainty, it is expected to have a significant impact on the stock market and the Korean won.
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