Market Chatter: Political Uncertainty in South Korea Eases Sharply Post Presidential Election

MT Newswires Live
06-09

South Korea's political uncertainty index has dropped to 1.5, returning to pre-martial law levels following Lee Jae-myung's presidential victory last week, Yonhap News reported Friday, citing the Bank of Korea.

The index had surged to a record 12.8 in mid-December after former President Yoon Suk Yeol's martial law declaration, but has normalized since then. Economic uncertainty also fell to 1.2 on June 4, the report said.

The South Korean central bank compiles the index using media article frequency mentioning both "politics" and "uncertainty." Minor post-election fluctuations are seen as typical and not a cause for concern.

Bank of Korea Governor Rhee Chang-yong noted that political risks no longer considerably affect the won-dollar exchange rate, which rebounded to 1,358.4 per dollar on Thursday, its strongest in seven months.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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