


The won/dollar exchange rate has dropped to the 1,370 won level, leading to a growing debate about the need to reassess asset prices that had inflated during the high exchange rate phase. The recovery of the won's value is seen as a signal for the normalization of asset prices...
The environment for risk assets, which had relied on ultra-low interest rates and excess liquidity, is now facing global tightening pressures. When interest rates, exchange rates, and prices move simultaneously, cryptocurrencies like Bitcoin (BTC) are affected.
Following the breakdown of trade negotiations between the U.S. and Canada, a dispute over a 50% tariff on $20 billion (approximately 27.68 trillion won) has expanded to the automotive and steel sectors. Both countries are at odds over last-minute negotiation conditions and additional concessions.
The cost of maintaining the exchange rate is starting to be felt in interest rates, while the BCRA has slowed down its reserve purchases.
The Iranian rial has dropped to around 2.02 million rials per dollar in the unofficial market. The anticipated additional U.S. sanctions against Iran and the control issues in the Strait of Hormuz are simultaneously increasing pressure on the Iranian economy.