{"id":44460,"date":"2026-04-13T03:50:32","date_gmt":"2026-04-13T03:50:32","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%a4%91%ea%b5%ad%ec%9d%b8%eb%af%bc%ec%9d%80%ed%96%89-%eb%8b%ac%eb%9f%ac-%ec%9c%84%ec%95%88-%ea%b8%b0%ec%a4%80%ed%99%98%ec%9c%a8-6-8657%eb%a1%9c-%ea%b3%a0%ec%8b%9c%ec%a7%81%ec%a0%84-6-8654\/"},"modified":"2026-04-13T03:50:32","modified_gmt":"2026-04-13T03:50:32","slug":"%ec%a4%91%ea%b5%ad%ec%9d%b8%eb%af%bc%ec%9d%80%ed%96%89-%eb%8b%ac%eb%9f%ac-%ec%9c%84%ec%95%88-%ea%b8%b0%ec%a4%80%ed%99%98%ec%9c%a8-6-8657%eb%a1%9c-%ea%b3%a0%ec%8b%9c%ec%a7%81%ec%a0%84-6-8654","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%a4%91%ea%b5%ad%ec%9d%b8%eb%af%bc%ec%9d%80%ed%96%89-%eb%8b%ac%eb%9f%ac-%ec%9c%84%ec%95%88-%ea%b8%b0%ec%a4%80%ed%99%98%ec%9c%a8-6-8657%eb%a1%9c-%ea%b3%a0%ec%8b%9c%ec%a7%81%ec%a0%84-6-8654\/","title":{"rendered":"\uc911\uad6d\uc778\ubbfc\uc740\ud589, \ub2ec\ub7ec\/\uc704\uc548 \uae30\uc900\ud658\uc728 6.8657\ub85c \uace0\uc2dc\u2026\uc9c1\uc804 6.8654 \ub300\ube44 \uc0c1\uc2b9, \ub85c\uc774\ud130 \uc608\uc0c1\uce58 6.8395 \uc0c1\ud68c"},"content":{"rendered":"<p>\uc911\uad6d \uc778\ubbfc\uc740\ud589(PBoC\u00b7\uc911\uad6d \uc911\uc559\uc740\ud589)\uc740 14\uc77c(\uc6d4) \ub2ec\ub7ec\/\uc704\uc548(USD\/CNY) \uae30\uc900\ud658\uc728(\uc911\uc559\uace0\uc2dc\ud658\uc728)\uc744 6.8657\ub85c \uace0\uc2dc\ud588\ub2e4. \uc774\ub294 \uc9c0\ub09c 11\uc77c(\uae08) 6.8654\uc640 \ube44\uad50\ud574 \uc18c\ud3ed \ub192\uace0, \ub85c\uc774\ud130 \ucd94\uc815\uce58 6.8395\ubcf4\ub2e4\ub294 \uc57d\ud55c(\uc704\uc548\ud654 \uac00\uce58\uac00 \ub0ae\uc740) \uc218\uc900\uc774\ub2e4.<\/p>\n<p>PBoC\uc758 \ud575\uc2ec \ud1b5\ud654\uc815\ucc45 \ubaa9\ud45c\ub294 \ubb3c\uac00 \uc548\uc815(\ud658\uc728 \uc548\uc815 \ud3ec\ud568)\uacfc \uacbd\uc81c\uc131\uc7a5 \uc9c0\uc6d0\uc774\ub2e4. \ub3d9\uc2dc\uc5d0 \uae08\uc735\uac1c\ud601\ub3c4 \ucd94\uc9c4\ud558\uba70, \uc911\uad6d \uae08\uc735\uc2dc\uc7a5\uc758 \uac1c\ubc29\uacfc \ubc1c\uc804\uc744 \ub2f4\ub2f9\ud55c\ub2e4.<\/p>\n<h3>Pboc Governance And Independence<\/h3>\n<p>PBoC\ub294 \uc911\ud654\uc778\ubbfc\uacf5\ud654\uad6d \uad6d\uac00 \uc18c\uc720\ub85c, \ub3c5\ub9bd\uc801\uc778 \uae30\uad00\uc774 \uc544\ub2c8\ub2e4. \uad6d\ubb34\uc6d0 \ucd1d\ub9ac\uac00 \uc9c0\uba85\ud558\ub294 \uc911\uad6d\uacf5\uc0b0\ub2f9 \ub2f9\uc704\uc6d0\ud68c \uc11c\uae30\uac00 \uacbd\uc601\uacfc \ubc29\ud5a5\uc5d0 \ud070 \uc601\ud5a5\uc744 \ubbf8\uce58\uba70, \ud310\uad81\uc131(Pan Gongsheng)\uc774 \ub2f9\uc11c\uae30\uc640 \ucd1d\uc7ac \uc9c1\ucc45\uc744 \uacb8\uc784\ud558\uace0 \uc788\ub2e4.<\/p>\n<p>PBoC\ub294 \u25b27\uc77c\ubb3c \uc5ed\ud658\ub9e4\uc870\uac74\ubd80\ucc44\uad8c(7\uc77c\ubb3c \uc5ed\ub808\ud3ec\u00b7\uc911\uc559\uc740\ud589\uc774 \ucc44\uad8c\uc744 \uc0ac\ub4e4\uc774\uba70 \ub2e8\uae30\uc790\uae08\uc744 \uacf5\uae09\ud558\ub294 \ubc29\uc2dd) \uae08\ub9ac \u25b2\uc911\uae30\uc720\ub3d9\uc131\uc9c0\uc6d0\ucc3d\uad6c(MLF\u00b7\uc740\ud589\uc5d0 \uc911\uae30 \uc790\uae08\uc744 \ube4c\ub824\uc8fc\ub294 \uc81c\ub3c4) \u25b2\uc678\ud658\uc2dc\uc7a5 \uac1c\uc785(\ub2ec\ub7ec \ub9e4\uc218\u00b7\ub9e4\ub3c4 \ub4f1\uc73c\ub85c \ud658\uc728\uc5d0 \uc601\ud5a5) \u25b2\uc9c0\uae09\uc900\ube44\uc728(RRR\u00b7\uc740\ud589\uc774 \uc608\uae08 \uc911 \uc758\ubb34\uc801\uc73c\ub85c \uc911\uc559\uc740\ud589\uc5d0 \ubb36\uc5b4\ub450\ub294 \ube44\uc728) \ub4f1 \uc218\ub2e8\uc744 \uc4f4\ub2e4. \uc911\uad6d\uc758 \ub300\ud45c \uae30\uc900\uae08\ub9ac\ub294 \ub300\ucd9c\uc6b0\ub300\uae08\ub9ac(LPR\u00b7\uc740\ud589 \ub300\ucd9c\uc758 \uae30\uc900\uc774 \ub418\ub294 \uae08\ub9ac)\ub85c, \ub300\ucd9c\u00b7\uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c\u00b7\uc608\uae08\uae08\ub9ac\uc5d0 \uc601\ud5a5\uc744 \uc8fc\uace0 \uc704\uc548\ud654 \ud658\uc728\uc5d0\ub3c4 \uc601\ud5a5\uc744 \uc904 \uc218 \uc788\ub2e4.<\/p>\n<p>\uc911\uad6d\uc5d0\ub294 \ubbfc\uc601\uc740\ud589\uc774 19\uac1c \uc788\uc73c\ub098 \ube44\uc911\uc740 \uc791\ub2e4. \ucd5c\ub300 \ubbfc\uc601\uc740\ud589\uc740 \uc704\ubc45\ud06c(WeBank)\uc640 \ub9c8\uc774\ubc45\ud06c(MYbank)\uc774\uba70, \uc911\uad6d\uc740 2014\ub144 \ubbfc\uac04\uc790\ubcf8\uc774 \uc804\uc561 \ucd9c\uc790\ud55c \ub300\ucd9c\uae30\uad00\uc758 \uc601\uc5c5\uc744 \ud5c8\uc6a9\ud574 \uad6d\uac00 \uc8fc\ub3c4 \uae08\uc735\uccb4\uacc4 \uc548\uc5d0\uc11c \uc6b4\uc601\ud558\ub3c4\ub85d \ud588\ub2e4.<\/p>\n<p>PBoC\ub294 USD\/CNY \uace0\uc2dc\ub97c \uc2dc\uc7a5 \uc608\uc0c1\ubcf4\ub2e4 \uac15\ud558\uac8c(\ub2ec\ub7ec \ub300\ube44 \uc704\uc548 \uac00\uce58\ub97c \ub192\uac8c) \uc81c\uc2dc\ud558\uba70 \ud1b5\ud654 \uc548\uc815 \uc120\ud638\ub97c \ub4dc\ub7ec\ub0c8\ub2e4. \uc9c1\uc804 \uac70\ub798\uc77c\ubcf4\ub2e4 \uc18c\ud3ed \uc57d\ud574\uc84c\uc9c0\ub9cc, \uc704\uc548\ud654\uc758 \uae09\uaca9\ud55c \uc57d\uc138(\uac00\uce58 \ud558\ub77d)\ub97c \ub9c9\uaca0\ub2e4\ub294 \uc758\ub3c4\uac00 \uc77d\ud78c\ub2e4. \uc2dc\uc7a5 \ucc38\uac00\uc790 \uc785\uc7a5\uc5d0\uc11c\ub294 PBoC\uac00 \ud658\uc728\uc744 \uc801\uadf9 \uad00\ub9ac\ud558\uace0, \ube60\ub978 \ud558\ub77d\uc744 \uc6a9\uc778\ud558\uc9c0 \uc54a\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub420 \uc218 \uc788\ub2e4.<\/p>\n<h3>Market Implications And Trading Approach<\/h3>\n<p>\uc774 \uac19\uc740 \uac15\ud55c \uac1c\uc785 \uc131\ud5a5\uc740 \ucd5c\uadfc \uacbd\uae30\uc9c0\ud45c\ub97c \uac10\uc548\ud558\uba74 \ub208\uc5d0 \ub748\ub2e4. \uc911\uad6d\uc758 2026\ub144 1\ubd84\uae30 \uad6d\ub0b4\ucd1d\uc0dd\uc0b0(GDP\u00b7\ud55c \ub098\ub77c\uc5d0\uc11c \uc77c\uc815 \uae30\uac04 \uc0dd\uc0b0\ub41c \uc7ac\ud654\u00b7\uc11c\ube44\uc2a4\uc758 \ucd1d\ud569) \uc99d\uac00\uc728\uc740 4.8%\ub85c, \uc815\ubd80 \ubaa9\ud45c\uce58 5%\ub97c \uc18c\ud3ed \ubc11\ub3cc\uc558\ub2e4. 3\uc6d4 \uc218\ucd9c\uc740 \uc804\ub144 \ub300\ube44 2.5% \uac10\uc18c\ud574 \uc608\uc0c1 \ubc16 \ubd80\uc9c4\uc744 \ubcf4\uc600\ub2e4. \uadf8\ub7fc\uc5d0\ub3c4 PBoC \uc6c0\uc9c1\uc784\uc740 \uc218\ucd9c\uc744 \ub3d5\uae30 \uc704\ud574 \ud1b5\ud654\ub97c \uc57d\ud558\uac8c \ub9cc\ub4e4\uae30\ubcf4\ub2e4, \uae08\uc735 \uc548\uc815(\uc2dc\uc7a5 \ubd88\uc548\uacfc \uc790\uae08 \uc720\ucd9c\uc744 \ub9c9\ub294 \uac83)\uc744 \ub354 \uc6b0\uc120\ud558\ub294 \uae30\uc870\ub85c \ud574\uc11d\ub41c\ub2e4.<\/p>\n<p>\uc635\uc158 \ub4f1 \ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubcc0\ud558\ub294 \uae08\uc735\uc0c1\ud488) \uad00\uc810\uc5d0\uc11c\ub294 \ud5a5\ud6c4 \uba87 \uc8fc \ubcc0\ub3d9\uc131 \ucd95\uc18c \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc911\uc559\uc740\ud589\uc774 \ud658\uc728\uc744 \uc548\uc815\uc2dc\ud0a4\uba74 USD\/CNY\uc758 \ud070 \ub4f1\ub77d\uc774 \uc904\uc5b4\ub4e4 \uc218 \uc788\ub2e4. \uc774\uc5d0 \ub530\ub77c \uc704\uc548\ud654 \uad00\ub828 \uc635\uc158\uc5d0\uc11c \uc2a4\ud2b8\ub798\ub4e4 \ub9e4\ub3c4(\ud589\uc0ac\uac00\uac00 \uac19\uc740 \ucf5c\uc635\uc158\u00b7\ud48b\uc635\uc158\uc744 \ub3d9\uc2dc\uc5d0 \ud314\uc544 \uac00\uaca9\uc774 \uc881\uc740 \ubc94\uc704\uc5d0 \uba38\ubb3c\uba74 \uc774\uc775\uc744 \ubcf4\ub294 \uc804\ub7b5) \uac19\uc740 \u2018\ubcc0\ub3d9\uc131 \ub9e4\ub3c4\u2019 \uc804\ub7b5\uc774 \uace0\ub824\ub420 \uc218 \uc788\ub2e4.<\/p>\n<p>2025\ub144 \ub3d9\uc548 \uad00\ucc30\ub410\ub358 \uc810\uc9c4\uc801 \uc57d\uc138\uc640 \ube44\uad50\ud558\uba74, \ud604\uc7ac \uc815\ucc45\uc740 \ub354 \ub2e8\ud638\ud574 \ubcf4\uc778\ub2e4. \ub2f9\uc2dc PBoC\ub294 \uacbd\uae30 \ubd80\uc591\uc744 \uc704\ud574 \uc704\uc548\ud654\uac00 \uc11c\uc11c\ud788 \uc57d\ud574\uc9c0\ub294 \ud750\ub984\uc744 \uc5b4\ub290 \uc815\ub3c4 \ud5c8\uc6a9\ud588\uc9c0\ub9cc, \uc774\ubc88 \uace0\uc2dc\ub294 \uc57d\uc138\ub97c \uc6a9\uc778\ud558\ub294 \ubc94\uc704\uac00 \uc904\uc5c8\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc774\ub294 \ubbf8\uad6d \uace0\uae08\ub9ac \ud658\uacbd\uc5d0\uc11c \uc790\ubcf8 \uc720\ucd9c(\ud574\uc678\ub85c \ub3c8\uc774 \ube60\uc838\ub098\uac00\ub294 \ud604\uc0c1) \uc6b0\ub824\uac00 \ucee4\uc84c\uae30 \ub54c\ubb38\uc77c \uc218 \uc788\ub2e4.<\/p>\n<p>\ub610\ud55c PBoC\uc758 \ub2e4\ub978 \uc815\ucc45 \uc218\ub2e8\ub3c4 \ud568\uaed8 \ubd10\uc57c \ud55c\ub2e4. \uacbd\uae30 \uc9c0\uc6d0\uc744 \uc704\ud574 \ud1b5\ud654 \uc644\ud654(\uae08\ub9ac \uc778\ud558\ub098 \uc720\ub3d9\uc131 \uacf5\uae09\uc73c\ub85c \ub3c8\uc774 \ub3cc\uac8c \ud558\ub294 \uc815\ucc45) \uc694\uad6c\uac00 \uc788\uc9c0\ub9cc, LPR\uc744 \ud06c\uac8c \ub0b4\ub9ac\uba74 \uc704\uc548\ud654\uc5d0 \ucd94\uac00 \uc57d\uc138 \uc555\ub825\uc774 \uc0dd\uae38 \uc218 \uc788\uc5b4 \ub2f9\uc7a5\uc740 \uac00\ub2a5\uc131\uc774 \ub0ae\ub2e4\ub294 \uad00\uce21\uc774 \ub098\uc628\ub2e4. \ubc18\uba74 \uc9c0\uae09\uc900\ube44\uc728(RRR) \uc778\ud558\ub294 \uc720\ub3d9\uc131(\uc2dc\uc7a5\uc5d0 \ub3cc \uc218 \uc788\ub294 \uc790\uae08)\uc744 \uacf5\uae09\ud558\uba74\uc11c\ub3c4 \ubbf8\uad6d \ub2ec\ub7ec\uc640\uc758 \uae08\ub9ac \ucc28(\uae08\ub9ac \uaca9\ucc28)\uc5d0 \uc9c1\uc811\uc801\uc778 \uc601\ud5a5\uc744 \ub35c \uc8fc\uae30 \ub54c\ubb38\uc5d0 \uc0c1\ub300\uc801\uc73c\ub85c \uac00\ub2a5\uc131\uc774 \ub192\ub2e4.<\/p>\n<p>\uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \ub2e8\uae30\uc801\uc73c\ub85c \ubc15\uc2a4\uad8c(\uac00\uaca9\uc774 \uc77c\uc815 \ubc94\uc704\uc5d0\uc11c \uc6c0\uc9c1\uc774\ub294 \uc0c1\ud0dc) \uc804\ub7b5\uc774 \uc720\ub9ac\ud558\ub2e4\ub294 \ud310\ub2e8\uc774 \uac00\ub2a5\ud558\ub2e4. PBoC\uac00 \uc2ec\ub9ac\uc801 \uad6c\uac04\uc744 \ubc29\uc5b4\ud558\uba70 USD\/CNY\ub97c \ub300\uccb4\ub85c 6.85~6.95 \ubc94\uc704\uc5d0 \ubb36\uc5b4\ub450\ub824 \ud55c\ub2e4\ub294 \ud574\uc11d\ub3c4 \uc788\ub2e4. \uc774\uc5d0 \ub530\ub77c \ud1b5\ud654 \uad00\ub828 ETF \uc635\uc158\uc5d0\uc11c \uc544\uc774\uc5b8 \ucf58\ub3c4\ub974(\uc0c1\u00b7\ud558\ub2e8 \ubc94\uc704\ub97c \uc815\ud574 \uadf8 \uc0ac\uc774\uc5d0 \uba38\ubb3c\uba74 \uc774\uc775\uc744 \ubcf4\ub294 \uc635\uc158 \uc870\ud569) \uac19\uc740 \uad6c\uc870\ub97c \ud1b5\ud574 \u2018\uad00\ub9ac\ub41c \uc548\uc815\uc131\u2019\uc5d0 \ubca0\ud305\ud558\ub294 \uc811\uadfc\uc774 \uac70\ub860\ub420 \uc218 \uc788\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\uc18d\ubcf4: \uc778\ubbfc\uc740\ud589, \ub2ec\ub7ec\/\uc704\uc548 \uace0\uc2dc 6.8657\ub85c \uc57d\uc704\uc548 \ud5c8\uc6a9 \ud3ed \uc81c\ud55c. \uc131\uc7a5 \ub454\ud654\uc5d0\ub3c4 \ud658\uc728 \ubc29\uc5b4\u00b7\uc790\ubcf8\uc720\ucd9c \ucc28\ub2e8 \uc6b0\uc120. \ubcc0\ub3d9\uc131 \ucd95\uc18c \uae30\ub300\uc5d0 \ubc15\uc2a4\uad8c\u00b7\uc635\uc158 \ub9e4\ub3c4 \uc804\ub7b5 \ubd80\uc0c1.<\/p>\n","protected":false},"author":87,"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-44460","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\/44460","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\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=44460"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/44460\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=44460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=44460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=44460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}