\uc911\uad6d\uc778\ubbfc\uc740\ud589(PBoC)\uc740 \ubaa9\uc694\uc77c \ub2ec\ub7ec\/\uc704\uc548(USD\/CNY) \uae30\uc900\ud658\uc728(\ub9e4\uc77c \uace0\uc2dc\ud558\ub294 \uacf5\uc2dd \uae30\uc900\uac12)\uc744 6.8487\ub85c \uace0\uc2dc\ud588\ub2e4. \uc774\ub294 \uc804\uc77c \uace0\uc2dc\uce58 6.8562\uc640 \ub85c\uc774\ud130 \ucd94\uc815\uce58 6.8087\uacfc \ube44\uad50\ub41c\ub2e4.<\/p>\n
\uc778\ubbfc\uc740\ud589\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. \ub610\ud55c \uae08\uc735\uc2dc\uc7a5 \uac1c\ubc29\uacfc \uc721\uc131 \ub4f1 \uae08\uc735\uac1c\ud601\ub3c4 \ucd94\uc9c4\ud55c\ub2e4.<\/p>\n
\uc778\ubbfc\uc740\ud589\uc740 \uc911\ud654\uc778\ubbfc\uacf5\ud654\uad6d \uad6d\uac00 \uc18c\uc720\ub85c, \uc644\uc804\ud55c \ub3c5\ub9bd\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 \uc124\uc815\uc5d0 \uad00\uc5ec\ud558\uba70, \ud310\uad81\uc131\uc740 \ub2f9\uc11c\uae30\uc640 \uc778\ubbfc\uc740\ud589 \ucd1d\uc7ac\ub97c \uacb8\uc784\ud558\uace0 \uc788\ub2e4.<\/p>\n
\uc778\ubbfc\uc740\ud589\uc740 \u25b27\uc77c\ubb3c \uc5ed\ud658\ub9e4\uc870\uac74\ubd80\ucc44\uad8c(Reverse Repo\u00b7\uc5ed\ub808\ud3ec: \uc911\uc559\uc740\ud589\uc774 \ucc44\uad8c\uc744 \ub2f4\ubcf4\ub85c \uc2dc\uc911\uc5d0 \ub2e8\uae30\uc790\uae08\uc744 \uacf5\uae09\ud558\ub294 \uac70\ub798) \uae08\ub9ac \u25b2\uc911\uae30\uc720\ub3d9\uc131\uc9c0\uc6d0\ucc3d\uad6c(MLF: \uc740\ud589\uc5d0 \uc911\uae30 \uc790\uae08\uc744 \ube4c\ub824\uc8fc\ub294 \uc81c\ub3c4) \u25b2\uc678\ud658\uc2dc\uc7a5 \uac1c\uc785(\ud658\uc728\uc744 \uc548\uc815\uc2dc\ud0a4\uae30 \uc704\ud55c \ub2ec\ub7ec \ub9e4\uc218\u00b7\ub9e4\ub3c4 \ub4f1) \u25b2\uc9c0\uae09\uc900\ube44\uc728(RRR: \uc740\ud589\uc774 \uc758\ubb34\uc801\uc73c\ub85c \uc911\uc559\uc740\ud589\uc5d0 \ubb36\uc5b4\ub450\ub294 \uc608\uae08 \ube44\uc728) \ub4f1\uc744 \ud65c\uc6a9\ud55c\ub2e4. \uc911\uad6d\uc758 \uae30\uc900\uae08\ub9ac \uc131\uaca9\uc744 \uac00\uc9c4 \ub300\ucd9c\uc6b0\ub300\uae08\ub9ac(LPR: \uc740\ud589 \ub300\ucd9c\uae08\ub9ac\uc758 \uae30\uc900)\ub294 \ub300\ucd9c\u00b7\uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c\u00b7\uc608\uae08 \uae08\ub9ac\uc5d0 \uc601\ud5a5\uc744 \uc8fc\uba70, \uc704\uc548\ud654 \ud658\uc728\uc5d0\ub3c4 \uc601\ud5a5\uc744 \ubbf8\uce60 \uc218 \uc788\ub2e4.<\/p>\n
\uc911\uad6d\uc5d0\ub294 \uc704\ubc45\ud06c(WeBank), \ub9c8\uc774\ubc45\ud06c(MYbank) \ub4f1 \ub514\uc9c0\ud138 \ub300\ucd9c\uae30\uad00\uc744 \ud3ec\ud568\ud574 \ubbfc\uc601\uc740\ud589 19\uacf3\uc774 \uc788\ub2e4. \uc911\uad6d\uc740 2014\ub144 \ubbfc\uac04\uc790\ubcf8\uc774 \uc804\uc561 \ucd9c\uc790\ud55c \uad6d\ub0b4 \uc740\ud589\uc758 \uc601\uc5c5\uc744 \ud5c8\uc6a9\ud574, \uad6d\uc720 \uc911\uc2ec \uae08\uc735 \ubd80\ubb38\uc5d0\uc11c \ubbfc\uac04 \uae08\uc735\uc758 \ucc38\uc5ec\ub97c \ud655\ub300\ud588\ub2e4.<\/p>\n
\uc778\ubbfc\uc740\ud589\uc774 \u2018\uc548\uc815\u2019\uacfc \u2018\uc131\uc7a5\u2019\uc744 \ud568\uaed8 \ucd94\uad6c\ud558\ub294 \ub9cc\ud07c, \ucd5c\uadfc \ud589\ubcf4\ub294 \uade0\ud615 \uc7a1\uae30\uac00 \ud575\uc2ec\uc73c\ub85c \ubcf4\uc778\ub2e4. \uc778\ubbfc\uc740\ud589\uc740 \uc77c\uc77c \uae30\uc900\ud658\uc728\uc744 \uc2dc\uc7a5 \uc608\uc0c1\ubcf4\ub2e4 \uac15\ud558\uac8c(\ub2ec\ub7ec\/\uc704\uc548 \uc22b\uc790\ub97c \ub0ae\uac8c) \uace0\uc2dc\ud574 \uc704\uc548\ud654 \uac15\uc138 \uc758\uc9c0\ub97c \uc2dc\uc0ac\ud558\uc9c0\ub9cc, \ud1b5\ud654\ub294 \uc5ec\uc804\ud788 \ud558\ubc29 \uc555\ub825\uc744 \ubc1b\uace0 \uc788\ub2e4. 2026\ub144 5\uc6d4 \ucd08 \uae30\uc900 USD\/CNY\ub294 7.32 \ubd80\uadfc\uc5d0\uc11c \uac70\ub798\ub418\uace0 \uc788\ub294\ub370, \uc774\ub294 \ub2ec\ub7ec \uac15\uc138\uc640 \uc911\uad6d \ub0b4 \uc131\uc7a5 \uc6b0\ub824\uac00 \ubc18\uc601\ub41c \uacb0\uacfc\ub2e4.<\/p>\n
\ucd5c\uadfc \uacbd\uc81c\uc9c0\ud45c\ub294 \uc815\ucc45\ub2f9\uad6d\uc774 \ubc1b\ub294 \uc555\ub825\uc744 \ubcf4\uc5ec\uc900\ub2e4. 2026\ub144 1\ubd84\uae30 \uad6d\ub0b4\ucd1d\uc0dd\uc0b0(GDP: \ud55c \ub098\ub77c\uc758 \uc0dd\uc0b0\u00b7\uc18c\ub4dd \uaddc\ubaa8\ub97c \ub098\ud0c0\ub0b4\ub294 \ub300\ud45c \uc9c0\ud45c) \uc131\uc7a5\ub960\uc740 4.8%\ub85c 5% \ubaa9\ud45c\uc5d0 \ubabb \ubbf8\ucce4\uace0, 4\uc6d4 \ubb3c\uac00\uc0c1\uc2b9\ub960(\uc778\ud50c\ub808\uc774\uc158: \uc804\ubc18\uc801\uc778 \ubb3c\uac00\uac00 \uc624\ub974\ub294 \ud604\uc0c1)\uc740 \uc804\ub144 \ub300\ube44 0.5%\ub85c \ub0ae\uc740 \uc218\uc900\uc5d0 \uba38\ubb3c\ub800\ub2e4. \uc774\ub294 2025\ub144 \ub0b4\ub0b4 \ub098\ud0c0\ub09c \u2018\uc644\ub9cc\ud55c \uacbd\uae30\ubd80\uc591\u2019 \ud750\ub984\uacfc \ub9de\ub2ff\uc544 \uc788\ub2e4. \ub2f9\uc2dc \uc778\ubbfc\uc740\ud589\uc740 \uc790\ubcf8\uc720\ucd9c(\uc790\uae08\uc774 \ud574\uc678\ub85c \ube60\uc838\ub098\uac00\ub294 \ud604\uc0c1)\uc744 \ud06c\uac8c \uc790\uadf9\ud558\uc9c0 \uc54a\uc73c\uba74\uc11c \uacbd\uae30\ub97c \ubc1b\uce58\uae30 \uc704\ud574 \uc120\ubcc4\uc801\uc778 \uc644\ud654 \uc870\uce58\ub97c \uc120\ud638\ud588\ub2e4.<\/p>\n
\uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \ud5a5\ud6c4 \uba87 \uc8fc \uc548\uc5d0 \uc778\ubbfc\uc740\ud589\uc774 \uc815\ucc45\uc218\ub2e8\uc744 \ud65c\uc6a9\ud560 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \uc740\ud589 \uc9c0\uae09\uc900\ube44\uc728(RRR) \uc778\ud558\ub294 \uc2dc\uc911 \uc720\ub3d9\uc131(\uc2dc\uc7a5\uc5d0\uc11c \uc27d\uac8c \uc4f0\uc77c \uc218 \uc788\ub294 \uc790\uae08)\uc744 \ub298\ub824 \uacbd\uc81c\ud65c\ub3d9\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4. \ubb3c\uac00\uac00 \ub0ae\uc73c\uba74 \uc774\ub7f0 \uc870\uce58\uc758 \ubd80\ub2f4\uc774 \uc904\uc5b4\ub4e0\ub2e4. RRR \uc778\ud558\ub294 \u2018\ub0b4\uc218 \uc131\uc7a5 \uc9c0\uc6d0\u2019\uc5d0 \ucd08\uc810\uc744 \ub9de\ucd98 \uc2e0\ud638\uac00 \ub420 \uc218 \uc788\ub2e4.<\/p>\n
\uae08\ub9ac \ud750\ub984\uc5d0 \uc8fc\ubaa9\ud558\ub294 \ud22c\uc790\uc790\ub77c\uba74 \uc911\uad6d \uae08\ub9ac \ud558\ub77d \uac00\ub2a5\uc131\uc5d0 \ub9de\ucd98 \ud3ec\uc9c0\uc158\uc774 \uac70\ub860\ub420 \uc218 \uc788\ub2e4. \uc608\ucee8\ub300 \uc911\uad6d \uad6d\ucc44 \uc120\ubb3c(\ubbf8\ub798\uc5d0 \uc815\ud574\uc9c4 \uac00\uaca9\uc73c\ub85c \uad6d\ucc44\ub97c \uc0ac\uace0\ud30c\ub294 \ud30c\uc0dd\uc0c1\ud488)\uc740 \uc778\ubbfc\uc740\ud589\uc774 RRR \uc778\ud558\ub098 MLF \uae08\ub9ac \uc778\ud558\ub97c \ub2e8\ud589\ud558\uba74 \uac00\uce58\uac00 \uc624\ub97c \uc218 \uc788\ub2e4. \uc774\ub294 \ud1b5\ud654\uc644\ud654(\uae08\ub9ac \uc778\ud558\u00b7\uc720\ub3d9\uc131 \uacf5\uae09 \ub4f1\uc73c\ub85c \uacbd\uae30\ub97c \ub744\uc6b0\ub294 \uc815\ucc45) \uae30\ub300\uc5d0 \uc9c1\uc811\uc801\uc73c\ub85c \ubca0\ud305\ud558\ub294 \ubc29\uc2dd\uc774\ub2e4.<\/p>\n
\ub2e4\ub9cc \uc644\ud654 \uc870\uce58\ub294 \uc704\uc548\ud654 \uc548\uc815 \ubaa9\ud45c\uc640 \ucda9\ub3cc\ud560 \uc218 \uc788\ub2e4. \uae08\ub9ac\ub97c \ub0b4\ub9ac\uba74 \ub2ec\ub7ec \ub300\ube44 \uc704\uc548\ud654 \uc57d\uc138(\ud658\uc728 \uc0c1\uc2b9) \uc555\ub825\uc774 \ucee4\uc9c8 \uc218 \uc788\ub2e4. \uc774\ub7f0 \uae34\uc7a5 \uad00\uacc4 \ub54c\ubb38\uc5d0 \uc911\uc559\uc740\ud589\uc774 \uae09\uaca9\ud55c \uc57d\uc138\ub97c \uc6a9\uc778\ud560 \uac00\ub2a5\uc131\uc740 \uc81c\ud55c\uc801\uc774\ub2e4.<\/p>\n
\uc774\ucc98\ub7fc \uad00\ub9ac\ub41c(\ud1b5\uc81c\ub41c) \uc811\uadfc\uc774 \uc774\uc5b4\uc9c4\ub2e4\uba74, \ud658\uc728 \ubcc0\ub3d9\uc131(\uac00\uaca9\uc774 \ud754\ub4e4\ub9ac\ub294 \ud3ed)\uc740 \ud06c\uac8c \ud655\ub300\ub418\uc9c0 \uc54a\uc744 \uc218 \uc788\ub2e4. \ud2b8\ub808\uc774\ub529 \uc804\ub7b5\uc73c\ub85c\ub294 \ub2ec\ub7ec\/\uc5ed\uc678\uc704\uc548(USD\/CNH) \uc635\uc158(\ud2b9\uc815 \uac00\uaca9\uc5d0 \uc0b4 \uad8c\ub9ac\u00b7\ud314 \uad8c\ub9ac\ub97c \uac70\ub798\ud558\ub294 \uc0c1\ud488)\uc744 \ud65c\uc6a9\ud574 \uc77c\uc815 \ubc94\uc704 \ub0b4 \ub4f1\ub77d\uc744 \ub178\ub9ac\ub294 \ubc29\uc2dd\uc774 \uac70\ub860\ub41c\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \uc2a4\ud2b8\ub7ad\uae00 \ub9e4\ub3c4(\ud589\uc0ac\uac00\uac00 \ub2e4\ub978 \ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \ud568\uaed8 \ud314\uc544, \uac00\uaca9\uc774 \uc77c\uc815 \ubc94\uc704\uc5d0 \uba38\ubb3c\uba74 \ud504\ub9ac\ubbf8\uc5c4 \uc218\uc775\uc744 \uc5bb\ub294 \uc804\ub7b5)\ub294 \ud55c\ucabd\uc5d0\uc11c\ub294 \uc778\ubbfc\uc740\ud589 \uac1c\uc785, \ub2e4\ub978 \ud55c\ucabd\uc5d0\uc11c\ub294 \uacbd\uae30 \uc555\ub825\uc73c\ub85c \ud658\uc728\uc774 \ubc94\uc704\uc5d0 \uac07\ud790 \uac83\uc774\ub77c\ub294 \uac00\uc815\uc5d0 \uae30\ubc18\ud55c\ub2e4. 2025\ub144\uc5d0\ub294 \ub2f9\uad6d\uc774 7.35 \uc218\uc900\uc744 \ubc29\uc5b4\ud558\ub358 \uad6c\uac04\uc5d0\uc11c \uc720\uc0ac \uc804\ub7b5\uc774 \uc720\ud6a8\ud588\ub358 \uc2dc\uae30\uac00 \uc788\uc5c8\ub2e4.<\/p>\n
\uac00\uc7a5 \ud070 \uc704\ud5d8\uc740 \uc778\ubbfc\uc740\ud589\uc774 \uacbd\uae30\ubd80\uc591\ubcf4\ub2e4 \ud658\uc728 \uc548\uc815\uc744 \ucd5c\uc6b0\uc120\uc73c\ub85c \ub450\uba74\uc11c, \uc758\ubbf8 \uc788\ub294 \ubd80\uc591\uc744 \ubbf8\ub8e8\ub294 \uacbd\uc6b0\ub2e4. \uc774\ub54c \ud22c\uc790\uc790\ub294 \ub2ec\ub7ec\/\uc704\uc548(USD\/CNY) \ucf5c\uc635\uc158(\ub2ec\ub7ec\ub97c \ub354 \ube44\uc2fc \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc744 \ud5e4\uc9c0(\uc190\uc2e4\uc744 \uc904\uc774\uae30 \uc704\ud55c \ubc29\uc5b4) \uc218\ub2e8\uc73c\ub85c \uc4f0\uac70\ub098, \uacb0\uad6d \uacbd\uae30 \uc5ec\uac74\uc774 \ud1b5\ud654\ub97c \uc57d\uc138\ub85c \ub04c\uc5b4\uac08 \uac83\uc774\ub77c\ub294 \uc804\ub9dd\uc5d0 \ub530\ub978 \ubca0\ud305\uc73c\ub85c \ud65c\uc6a9\ud560 \uc218 \uc788\ub2e4. \uc774\ub294 \uc77c\uc77c \uae30\uc900\ud658\uc728 \uace0\uc2dc\uac00 \u2018\uc808\ub300\uc120\u2019\uc774\ub77c\uae30\ubcf4\ub2e4 \u2018\uc815\ucc45 \uc2e0\ud638\u2019\uc77c \uc218 \uc788\uc74c\uc744 \uc804\uc81c\ub85c \ud55c\ub2e4.<\/p>\n
VT Markets \uc2e4\uacc4\uc88c \uac1c\uc124<\/a>\u00a0\ubc0f\u00a0\uac70\ub798 \uc2dc\uc791<\/a><\/b><\/p>\n","protected":false},"excerpt":{"rendered":" \uc704\uc548 \u2018\ubc29\uc5b4\u2019 \uc2e0\ud638\uc5d0\ub3c4 \ud558\ubc29\uc555\ub825 \uc9c0\uc18d. PBoC, \uae30\uc900\ud658\uc728 6.8487 \uace0\uc2dc\ud558\uba70 \uc2dc\uc7a5\ub300\ube44 \uac15\uc138 \uc720\ub3c4. \uc131\uc7a5\u00b7\ubb3c\uac00 \ub454\ud654\ub85c RRR\u00b7MLF \uc644\ud654 \uc5ec\uc9c0, \ud658\uc728\uc548\uc815\uacfc \ucda9\ub3cc\uc774 \ubcc0\uc218.<\/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-46379","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\/46379","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=46379"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46379\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}