{"id":41631,"date":"2026-03-18T17:44:00","date_gmt":"2026-03-18T17:44:00","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%9c%a0-%ec%a4%91%eb%8f%99-%eb%b6%84%ec%9f%81%ec%97%90%eb%8f%84-%ec%8b%a0%ed%9d%a5%ea%b5%ad-em-%ec%ba%90%eb%a6%ac-%ed%8a%b8%eb%a0%88%ec%9d%b4%eb%93%9c%eb%8a%94-%ea%b2%ac%ec%a1%b0-%ed%98%84\/"},"modified":"2026-03-18T17:44:00","modified_gmt":"2026-03-18T17:44:00","slug":"%ec%9c%a0-%ec%a4%91%eb%8f%99-%eb%b6%84%ec%9f%81%ec%97%90%eb%8f%84-%ec%8b%a0%ed%9d%a5%ea%b5%ad-em-%ec%ba%90%eb%a6%ac-%ed%8a%b8%eb%a0%88%ec%9d%b4%eb%93%9c%eb%8a%94-%ea%b2%ac%ec%a1%b0-%ed%98%84","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%9c%a0-%ec%a4%91%eb%8f%99-%eb%b6%84%ec%9f%81%ec%97%90%eb%8f%84-%ec%8b%a0%ed%9d%a5%ea%b5%ad-em-%ec%ba%90%eb%a6%ac-%ed%8a%b8%eb%a0%88%ec%9d%b4%eb%93%9c%eb%8a%94-%ea%b2%ac%ec%a1%b0-%ed%98%84\/","title":{"rendered":"\uc720: \uc911\ub3d9 \ubd84\uc7c1\uc5d0\ub3c4 \uc2e0\ud765\uad6d EM \uce90\ub9ac \ud2b8\ub808\uc774\ub4dc\ub294 \uacac\uc870\u2026 \ud604\uc7ac \uc800\ud3c9\uac00(\ubcf4\uc720 \ubd80\uc871)\ub41c \ud1b5\ud654\ub294 INR\u00b7RON\ubfd0"},"content":{"rendered":"\uc911\ub3d9 \ubd84\uc7c1\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc2e0\ud765\uad6d(EM) \uc678\ud658(FX) \uce90\ub9ac \ud2b8\ub808\uc774\ub4dc\ub294 \ud0c4\ud0c4\ud55c \ud750\ub984\uc744 \uc720\uc9c0\ud588\ub2e4. \ucda9\ubd84\ud55c \ub370\uc774\ud130\uac00 \uc788\ub294 \uace0\uae08\ub9ac \uc2e0\ud765\uad6d \ud1b5\ud654 12\uac1c \uac00\uc6b4\ub370, \ud604\uc7ac **\ubcf4\uc720 \ube44\uc911\uc774 \ub0ae\uc740(underheld)** \ud1b5\ud654\ub85c \ubd84\ub958\ub418\ub294 \uac83\uc740 **\uc778\ub3c4 \ub8e8\ud53c(INR)** \uc640 **\ub8e8\ub9c8\ub2c8\uc544 \ub808\uc6b0(RON)** \ubfd0\uc774\ub2e4.\n\n\uce90\ub9ac \uc131\uacfc\ub97c \uc9c0\uc9c0\ud558\ub294 \ud575\uc2ec \uc694\uc778\uc73c\ub85c **\uc2e4\uc9c8\uae08\ub9ac(real rates)** \uac00 \uc81c\uc2dc\ub41c\ub2e4. \uc804 \uc138\uacc4\uc801\uc73c\ub85c **\uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9\ub960)** \uc774 \ub192\uc544\uc9c8 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\ub294 \ud55c\ud3b8, \ub9ce\uc740 \uc2e0\ud765\uad6d \uc911\uc559\uc740\ud589\uc740 \ucd5c\uadfc \uc313\uc544\uc628 **\uc815\ucc45 \uc2e0\ub8b0\ub3c4(credibility: \uc2dc\uc7a5\uc774 \uc911\uc559\uc740\ud589\uc758 \ubb3c\uac00\u00b7\ud658\uc728 \uad00\ub9ac \uc758\uc9c0\ub97c \ubbff\ub294 \uc815\ub3c4)** \ub54c\ubb38\uc5d0 \uacf5\uae09 \ucda9\uaca9(\uc608: \uc5d0\ub108\uc9c0\u00b7\uc6d0\uc790\uc7ac \uac00\uaca9 \uae09\ub4f1) \uc0c1\ud669\uc5d0\uc11c \uae09\uaca9\ud55c **\uc644\ud654(easing: \uae08\ub9ac \uc778\ud558 \uac19\uc740 \ud1b5\ud654\uc815\ucc45 \uc644\ud654)** \ub97c \uc27d\uac8c \ud558\uc9c0 \uc54a\uc744 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4.\n\n\ub610 \ub2e4\ub978 \uc694\uc778\uc740 \ubbf8\uad6d **\uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Federal Reserve, Fed: \ubbf8\uad6d \uc911\uc559\uc740\ud589)** \uac00 \uae08\ub9ac \uc778\ud558\uc5d0 \uc18c\uadf9\uc801\uc77c \uc218 \uc788\ub2e4\ub294 \uc810\uc774\ub2e4. \uc778\ub3c4\ub124\uc2dc\uc544 \uc911\uc559\uc740\ud589(Bank Indonesia)\uc758 \ud654\uc694\uc77c \uacb0\uc815\uc774 \uc608\ub85c \uc5b8\uae09\ub418\uba70, **\uc778\ub3c4\ub124\uc2dc\uc544 \ub8e8\ud53c\uc544(IDR)** \ub294 INR\u00b7RON\uc5d0 \uc774\uc5b4 \ubcf4\uc720 \ube44\uc911\uc774 \ub0ae\uc740 \uad6c\uac04\uc73c\ub85c \ub4e4\uc5b4\uac08 \uc704\ud5d8\uc774 \uac00\uc7a5 \ud070 \ud1b5\ud654\ub85c \uc124\uba85\ub41c\ub2e4.\n\n\uc778\ub3c4\ub124\uc2dc\uc544 \uc911\uc559\uc740\ud589\uc740 \uc774\ubc88 \uacb0\uc815\uc744 \u201c**\ub300\uc678 \ud68c\ubcf5\ub825(external resilience: \ud574\uc678 \ucda9\uaca9\uc5d0\ub3c4 \uacbd\uc81c\u00b7\ud658\uc728\uc774 \ubc84\ud2f0\ub294 \ud798)** \uac15\ud654\u201d\uc5d0 \ucd08\uc810\uc744 \ub9de\ucdb0 \uc124\uba85\ud588\ub2e4. \ub610\ud55c **\uac1c\uc785(intervention: \uc911\uc559\uc740\ud589\uc774 \uc2dc\uc7a5\uc5d0\uc11c \ud1b5\ud654\ub97c \uc0ac\uace0\ud314\uc544 \ud658\uc728\uc744 \uc6c0\uc9c1\uc774\ub824\ub294 \uc870\uce58)** \uc744 \ud1b5\ud55c \ud658\uc728 \uc548\uc815\uacfc, \ud574\uc678 **\ud3ec\ud2b8\ud3f4\ub9ac\uc624 \ud22c\uc790(\uc8fc\uc2dd\u00b7\ucc44\uad8c \ub4f1 \uae08\uc735\uc790\uc0b0 \ud22c\uc790)** \uc720\uce58\ub97c \uc815\ucc45\uc758 \uae30\uc900\ucd95(anchors)\uc73c\ub85c \uc5b8\uae09\ud588\ub2e4.\n\n\ub300\ubd80\ubd84\uc758 \uc2e0\ud765\uad6d \uc911\uc559\uc740\ud589\ub3c4 \ube44\uc2b7\ud55c \uc811\uadfc\uc744 \ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\uba70, \ub300\ub2e4\uc218 \uace0\uae08\ub9ac \ud1b5\ud654\ub294 \uc5ec\uc804\ud788 **\uc21c\ub9e4\uc218(net bought: \uc2dc\uc7a5 \ucc38\uc5ec\uc790\ub4e4\uc774 \uc804\uccb4\uc801\uc73c\ub85c \ub354 \ub9ce\uc774 \uc0ac \ub4e4\uc778 \uc0c1\ud0dc)** \ub85c \ub0a8\uc544 \uc788\ub2e4. \ub2e4\ub9cc **\ud130\ud0a4 \ub9ac\ub77c(TRY)** \ub294 \ub9e4\uc6b0 \ub192\uc740 **\uba85\ubaa9\uae08\ub9ac(nominal rates: \ubb3c\uac00\ub97c \ube7c\uae30 \uc804\uc758 \u2018\uac89\u2019 \uae08\ub9ac)** \uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \ub9e4\ub3c4 \uc555\ub825\uc774 \uac00\uc7a5 \uac15\ud55c\ub370, \uc774\ub294 \uc7ac\uc815 \uc6b0\ub824\uc640(\uc815\ubd80\uc758 \ub3c8 \uc500\uc500\uc774\uc5d0 \ub300\ud55c \uac71\uc815) \ubd84\uc7c1\uc774 \uae38\uc5b4\uc9c8 \uacbd\uc6b0 \ubcf4\uc870\uae08 \ube44\uc6a9\uc774 \ucee4\uc9c8 \uc218 \uc788\ub2e4\ub294 \uc810\uacfc \uc5f0\uacb0\ub41c\ub2e4.\n\n\ub610\ud55c \uc774 \uae00\uc740 \uc5d0\ub108\uc9c0 \uac00\uaca9\uc744 \uc815\ubd80\uac00 \ub300\uaddc\ubaa8\ub85c \uc5b5\ub204\ub974\ub294 \uc815\ucc45\uc5d0 \ub300\ud574 \uc2dc\uc7a5\uc758 \uc778\ub0b4\uac00 \uc81c\ud55c\uc801\uc774\ub77c\uace0 \uc9c0\uc801\ud55c\ub2e4. \uc774\ub97c \uc2e0\ud765\uad6d\uacfc **\ud504\ub7f0\ud2f0\uc5b4(\ucd5c\ucd08 \ub2e8\uacc4\uc758 \uc2e0\ud765\uad6d) \uacbd\uc81c** \uc804\ubc18\uc5d0\uc11c \ub098\ud0c0\ub0a0 \uc218 \uc788\ub294 **\uae34\ucd95(austerity: \uc815\ubd80 \uc9c0\ucd9c \uc0ad\uac10\u00b7\uc138\uae08 \uc778\uc0c1 \ub4f1 \ud5c8\ub9ac\ub760 \uc878\ub77c\ub9e4\uae30)** \ub610\ub294 **\ubc30\uae09(rationing: \ubb3c\uc790\u00b7\uc5d0\ub108\uc9c0\ub97c \uc81c\ud55c\uc801\uc73c\ub85c \ubc30\ubd84)** \uc870\uce58\uc640 \uc5f0\uacb0\ud574 \uc124\uba85\ud55c\ub2e4.\n\n<!-- wp:paragraph-->\n<p><b>VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\uc911\ub3d9 \ub9ac\uc2a4\ud06c\uc5d0\ub3c4 EM FX \uce90\ub9ac\ub294 \uacac\uc870. \ub192\uc740 \uc2e4\uc9c8\uae08\ub9ac\uc640 Fed \uc778\ud558 \uc9c0\uc5f0, EM \ud1b5\ud654\uc815\ucc45 \uc2e0\ub8b0\uac00 \uc9c0\uc9c0. INR\u00b7RON\ub9cc \uc5b8\ub354\ud5ec\ub4dc, IDR\ub3c4 \uc704\ud5d8. TRY\ub294 \uc7ac\uc815\u00b7\uc5d0\ub108\uc9c0 \ubcf4\uc870\uae08 \ubd80\ub2f4\uc73c\ub85c \uc57d\uc138. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-41631","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=41631"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41631\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=41631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=41631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=41631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}