{"id":41710,"date":"2026-03-19T02:43:50","date_gmt":"2026-03-19T02:43:50","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/uob-%ec%9d%b4%ec%bd%94%eb%85%b8%eb%af%b8%ec%8a%a4%ed%8a%b8%eb%93%a4%ec%9d%80-%ec%9d%b8%eb%8f%84%eb%84%a4%ec%8b%9c%ec%95%84-%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89%ec%9d%b4-%eb%a3%a8%ed%94%bc%ec%95%84\/"},"modified":"2026-03-19T02:43:50","modified_gmt":"2026-03-19T02:43:50","slug":"uob-%ec%9d%b4%ec%bd%94%eb%85%b8%eb%af%b8%ec%8a%a4%ed%8a%b8%eb%93%a4%ec%9d%80-%ec%9d%b8%eb%8f%84%eb%84%a4%ec%8b%9c%ec%95%84-%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89%ec%9d%b4-%eb%a3%a8%ed%94%bc%ec%95%84","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/uob-%ec%9d%b4%ec%bd%94%eb%85%b8%eb%af%b8%ec%8a%a4%ed%8a%b8%eb%93%a4%ec%9d%80-%ec%9d%b8%eb%8f%84%eb%84%a4%ec%8b%9c%ec%95%84-%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89%ec%9d%b4-%eb%a3%a8%ed%94%bc%ec%95%84\/","title":{"rendered":"UOB \uc774\ucf54\ub178\ubbf8\uc2a4\ud2b8\ub4e4\uc740 \uc778\ub3c4\ub124\uc2dc\uc544 \uc911\uc559\uc740\ud589\uc774 \ub8e8\ud53c\uc544\ud654 \uc548\uc815\uc5d0 \uc6b0\uc120\uc21c\uc704\ub97c \ub450\uace0, \uae30\uc900\uae08\ub9ac\ub97c \ub3d9\uacb0\ud558\ub294 \ud55c\ud3b8 \uc678\ud658 \uaddc\uc81c\ub97c \uac15\ud654\ud558\uace0 \uc788\ub2e4\uace0 \ub9d0\ud55c\ub2e4."},"content":{"rendered":"\uc778\ub3c4\ub124\uc2dc\uc544 \uc911\uc559\uc740\ud589(Bank Indonesia, BI)\uc740 3\uc6d4\uc5d0 \uae30\uc900 \uc815\ucc45\uae08\ub9ac(\uc911\uc559\uc740\ud589\uc774 \uae08\uc735\uc2dc\uc7a5\uc5d0 \uc81c\uc2dc\ud558\ub294 \ub300\ud45c \uae08\ub9ac)\ub97c 4.75%\ub85c \ub3d9\uacb0\ud588\uc73c\uba70, \uc608\uce58\uae08\ub9ac(\uc740\ud589\uc774 \uc911\uc559\uc740\ud589\uc5d0 \ub3c8\uc744 \ub9e1\uae38 \ub54c \ubc1b\ub294 \uae08\ub9ac) 3.75%\uc640 \ub300\ucd9c\uae08\ub9ac(\uc740\ud589\uc774 \uc911\uc559\uc740\ud589\uc5d0\uc11c \ub3c8\uc744 \ube4c\ub9b4 \ub54c \ub0b4\ub294 \uae08\ub9ac) 5.50%\ub3c4 \ud568\uaed8 \uc720\uc9c0\ud588\ub2e4. BI\ub294 \uc911\ub3d9 \ubd84\uc7c1\uacfc \uad00\ub828\ub41c \uc138\uacc4\uc801 \ubd88\ud655\uc2e4\uc131 \ubc0f \ubcc0\ub3d9\uc131(\uac00\uaca9\uc774 \ud06c\uac8c \uc624\ub974\ub0b4\ub9ac\ub294 \uc0c1\ud0dc) \uc18d\uc5d0\uc11c, \ub2e4\ub978 \uc815\ucc45\uc744 \ud1b5\ud574 \uc131\uc7a5\uc744 \ub4b7\ubc1b\uce68\ud558\ub418 \ub8e8\ud53c\uc544(Rupiah, \uc778\ub3c4\ub124\uc2dc\uc544 \ud1b5\ud654) \uc548\uc815\uc5d0 \ucd08\uc810\uc744 \ub9de\ucdc4\ub2e4.\n\nBI\ub294 \uc678\ud658(FX, \uc11c\ub85c \ub2e4\ub978 \ub098\ub77c \ud1b5\ud654\ub97c \uc0ac\uace0\ud30c\ub294 \uac70\ub798) \uaddc\uc815\uc744 \ub354 \uc5c4\uaca9\ud788 \ud558\uace0, \ud5e4\uc9c0(\ud658\uc728 \ubcc0\ub3d9 \uc704\ud5d8\uc744 \uc904\uc774\uae30 \uc704\ud55c \uac70\ub798)\uc640 \uc2a4\uc640\ud504(\uc11c\ub85c \ub2e4\ub978 \ud1b5\ud654\ub97c \uc77c\uc815 \uae30\uac04 \uad50\ud658\ud588\ub2e4\uac00 \ub2e4\uc2dc \ub418\ub3cc\ub9ac\ub294 \uac70\ub798) \uc218\ub2e8\uc744 \ud655\ub300\ud574 USD\/IDR(\ubbf8\uad6d \ub2ec\ub7ec\/\uc778\ub3c4\ub124\uc2dc\uc544 \ub8e8\ud53c\uc544 \ud658\uc728)\uc744 \uad00\ub9ac\ud558\uace0 \ud22c\uae30(\ub2e8\uae30 \ucc28\uc775\uc744 \ub178\ub9b0 \uacfc\ub3c4\ud55c \uac70\ub798)\ub97c \uc5b5\uc81c\ud588\ub2e4. \uc870\uce58\uc5d0\ub294 \uac1c\uc778 \uc678\ud658 \ub9e4\uc785 \ud655\uc778 \uae30\uc900 \uae08\uc561\uc744 \ubbf8\ud654 10\ub9cc \ub2ec\ub7ec\uc5d0\uc11c 5\ub9cc \ub2ec\ub7ec\ub85c \ub0ae\ucd94\ub294 \ub0b4\uc6a9\uc774 \ud3ec\ud568\ub410\ub2e4.\n\n<h3>\ub8e8\ud53c\uc544 \uc548\uc815\uc5d0 \ucd08\uc810<\/h3>\nBI\ub294 \uad6d\ub0b4 NDF(DNDF, \uc2e4\ubb3c \ub2ec\ub7ec\ub97c \uc8fc\uace0\ubc1b\uc9c0 \uc54a\uace0 \u2018\ucc28\uc774\u2019\ub9cc \uc815\uc0b0\ud558\ub294 \uc120\ubb3c\ud658 \ud615\ud0dc\uc758 \uac70\ub798) \ub9e4\ub3c4 \ud55c\ub3c4\ub97c 50% \ub298\ub824 1,000\ub9cc \ub2ec\ub7ec\ub85c \uc62c\ub838\ub2e4. \ub610\ud55c USD \uc2a4\uc640\ud504 \ub9e4\uc218-\ub9e4\ub3c4 \ud55c\ub3c4\ub3c4 50% \ub298\ub824 1,000\ub9cc \ub2ec\ub7ec\ub85c \ud655\ub300\ud588\ub2e4.\n\n\uc774 \uc870\uce58\ub294 \uc678\ud658\ubcf4\uc720\uc561(FX reserves, \uc678\ud658 \uacb0\uc81c\u00b7\uc2dc\uc7a5 \uc548\uc815\uc5d0 \uc4f0\uae30 \uc704\ud574 \uc911\uc559\uc740\ud589\uc774 \ubcf4\uc720\ud55c \ub2ec\ub7ec \ub4f1 \uc790\uc0b0)\uc744 \ubcf4\ud638\ud558\ub824\ub294 \ubaa9\uc801\uc774\uba70, 2\uc6d4 \uc678\ud658\ubcf4\uc720\uc561\uc740 1,519\uc5b5 \ub2ec\ub7ec\uc600\ub2e4. BI\ub294 \ub610\ud55c \uac70\uc2dc\uac74\uc804\uc131 \ub3c4\uad6c(macroprudential tools, \uae08\uc735\uc2dc\uc2a4\ud15c \uc804\ubc18\uc758 \uc704\ud5d8\uc744 \uc904\uc774\uae30 \uc704\ud55c \uaddc\uc81c\u00b7\uc6b4\uc6a9 \uc218\ub2e8), \uc790\uad6d\ud1b5\ud654 \uac70\ub798(local currency transactions, \ub2ec\ub7ec \ub300\uc2e0 \uac01\uad6d \ud1b5\ud654\ub85c \uacb0\uc81c\u00b7\uac70\ub798), \uc2e0\uc6a9 \uc9c0\uc6d0 \uc870\uce58(credit support measures, \ub300\ucd9c\u00b7\uc720\ub3d9\uc131\uc744 \ub298\ub824 \uacbd\uae30\ub97c \ub3d5\ub294 \uc870\uce58), QR \uae30\ubc18 \uad6d\uacbd \uac04 \uacb0\uc81c(QR cross-border payments, QR\ucf54\ub4dc\ub85c \ud574\uc678\uc5d0\uc11c \uacb0\uc81c\ud558\ub294 \ubc29\uc2dd)\uc758 \ud65c\uc6a9 \ud655\ub300\ub3c4 \uacc4\ud68d\ud588\ub2e4.\n\n\uc911\uc559\uc740\ud589\uc758 \uc801\uadf9\uc801 \uad00\ub9ac(active management, \uc2dc\uc7a5\uc5d0 \uc9c1\uc811 \uac1c\uc785\u00b7\uc870\uc815\ud558\ub294 \uc6b4\uc601)\ub294 \ud1b5\ud654 \ubcc0\ub3d9\uc131\uc744 \ud06c\uac8c \ub0ae\ucdc4\uace0, \uc774\ub7f0 \ud750\ub984\uc774 \uc55e\uc73c\ub85c \uba87 \uc8fc\uac04 \uc774\uc5b4\uc9c8 \uac83\uc73c\ub85c \ubcf8\ub2e4. 1\uac1c\uc6d4 \ub0b4\uc7ac \ubcc0\ub3d9\uc131(one-month implied volatility, \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \u2018\ud5a5\ud6c4 \ubcc0\ub3d9\uc131 \uc608\uc0c1\uce58\u2019)\uc740 \ud06c\uac8c \ub0ae\uc544\uc84c\uc73c\uba70, \ucd5c\uadfc\uc5d0\ub294 2025\ub144 \ucd08 \uc815\ucc45 \uc804\ud658 \uc804 8%\ub97c \uc6c3\ub3cc\ub358 \uc218\uc900\uc5d0\uc11c 5.5%\uae4c\uc9c0 \ub5a8\uc5b4\uc838 12\uac1c\uc6d4 \uc800\uc810\uc744 \uae30\ub85d\ud588\ub2e4. \uc774\ub7f0 \ud658\uacbd\uc740 \ub0ae\uc740 \ubcc0\ub3d9\uc131\uc5d0\uc11c \uc774\uc775\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5\uc5d0 \uc720\ub9ac\ud558\uba70, \uc608\ub97c \ub4e4\uc5b4 USD\/IDR\uc5d0\uc11c \uc2a4\ud2b8\ub7ad\uae00\u00b7\uc2a4\ud2b8\ub798\ub4e4 \ub9e4\ub3c4(selling strangles\/straddles, \uc635\uc158\uc744 \ud314\uc544 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\uace0 \ud070 \ubcc0\ub3d9\uc774 \uc5c6\uc744 \ub54c \uc774\uc775\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5)\uac00 \uc788\ub2e4.\n\n<h3>USD\/IDR\uc5d0 \ub300\ud55c \uc804\ub7b5\uc801 \uc2dc\uc0ac\uc810<\/h3>\n2025\ub144\uc5d0 \ub3c4\uc785\ub41c \uc678\ud658 \ub9e4\uc785 \uaddc\uc81c \uac15\ud654\uc640 DNDF \ud55c\ub3c4 \ud655\ub300\ub294 \ub8e8\ud53c\uc544\uc758 \uae09\uaca9\ud55c \uc57d\uc138\ub97c \ub9c9\ub294 \uac15\ud55c \u2018\uc0c1\ub2e8\u2019(\ud658\uc728 \uae09\ub4f1\uc744 \uc81c\ud55c\ud558\ub294 \ud6a8\uacfc)\uc73c\ub85c \uc791\ub3d9\ud55c\ub2e4. BI\uac00 \ud1b5\ud654\ub97c \ubc29\uc5b4\ud558\uae30 \uc704\ud574 \uc801\uadf9 \uac1c\uc785\ud560 \uac83\uc784\uc744 \ubcf4\uc5ec\uc628 \ub9cc\ud07c, USD\/IDR\uc5d0\uc11c \uc0c1\uc2b9 \ubc29\ud5a5 \ucf5c\uc635\uc158(\ud658\uc728 \uc0c1\uc2b9 \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uad8c\ub9ac)\uc744 \ub9e4\uc218\ud558\ub294 \ub9e4\ub825\uc740 \ud06c\uc9c0 \uc54a\ub2e4\uace0 \ubcf8\ub2e4. \ud22c\uae30\uc801 \uc0c1\uc2b9\uc740 \uc624\ub798 \uac00\uc9c0 \ubabb\ud558\uace0 \uc911\uc559\uc740\ud589\uc758 \ub300\uc751\uc5d0 \ubd80\ub52a\uce60 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4.\n\n\uc548\uc815\uc5d0 \ucd08\uc810\uc744 \ub450\ub354\ub77c\ub3c4 \uae08\ub9ac \ucc28(interest rate differential, \ub450 \ud1b5\ud654\u00b7\ub450 \uad6d\uac00 \uae08\ub9ac\uc758 \ucc28\uc774)\ub294 \uc5ec\uc804\ud788 \uac70\ub798\uc790\uc5d0\uac8c \uc911\uc694\ud558\ub2e4. \uc778\ub3c4\ub124\uc2dc\uc544\uc758 \uc815\ucc45\uae08\ub9ac\uac00 \ud604\uc7ac 5.25%\uc774\uace0 2026\ub144 2\uc6d4 \ubb3c\uac00\uc0c1\uc2b9\ub960(inflation, \uc804\ubc18\uc801\uc778 \ubb3c\uac00\uac00 \uc624\ub974\ub294 \uc18d\ub3c4)\uc774 3.4%\ub85c \uc720\uc9c0\ub418\uba74\uc11c, \ub8e8\ud53c\uc544\uc758 \ud50c\ub7ec\uc2a4 \uc2e4\uc9c8\uc218\uc775\ub960(positive real yield, \uae08\ub9ac\uc5d0\uc11c \ubb3c\uac00\uc0c1\uc2b9\ub960\uc744 \ube80 \uac12\uc774 \ud50c\ub7ec\uc2a4\uc778 \uc0c1\ud0dc)\uc740 \ub9e4\ub825\uc801\uc774\ub2e4. \uc774\ub294 \ub0ae\uc740 \uae08\ub9ac \ud1b5\ud654\ub85c \ube4c\ub824(\ucc28\uc785) \uc778\ub3c4\ub124\uc2dc\uc544 \uc790\uc0b0\uc5d0 \ud22c\uc790\ud558\ub294 \uce90\ub9ac \ud2b8\ub808\uc774\ub4dc(carry trade, \uae08\ub9ac \ucc28\ub97c \uc774\uc6a9\ud574 \uc774\uc790 \uc218\uc775\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5)\ub97c \ub4b7\ubc1b\uce68\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\ubc1c \ubd88\ud655\uc2e4\uc131 \uc18d, \uc778\ub3c4\ub124\uc2dc\uc544 \uc911\uc559\uc740\ud589\uc740 \uae08\ub9ac 4.75% \ub3d9\uacb0\ud558\uba70 \ub8e8\ud53c\uc544 \uc548\uc815\uc5d0 \uc62c\uc778. FX \uaddc\uc81c \uac15\ud654\u00b7DNDF\/\uc2a4\uc651 \ud55c\ub3c4 \ud655\ub300\uc640 \ubcc0\ub3d9\uc131 \uae09\ub77d\uc73c\ub85c \uce90\ub9ac \uc720\ub9dd, \uc635\uc158 \ub9e4\uc218\ub294 \ub9e4\ub825 \ub0ae\uc74c. &#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-41710","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\/41710","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=41710"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41710\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=41710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=41710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=41710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}