{"id":50239,"date":"2026-06-25T10:21:12","date_gmt":"2026-06-25T10:21:12","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr-asia\/uncategorized\/%eb%b8%8c%eb%9d%bc%ec%a7%88-%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89-%ec%9d%98%ec%82%ac%eb%a1%9d-%ec%a4%91%eb%8b%a8%c2%b7%ec%9e%ac%ea%b0%9c%ec%8b%9d-%ec%99%84%ed%99%94-%ec%8b%9c\/"},"modified":"2026-06-25T10:21:12","modified_gmt":"2026-06-25T10:21:12","slug":"%eb%b8%8c%eb%9d%bc%ec%a7%88-%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89-%ec%9d%98%ec%82%ac%eb%a1%9d-%ec%a4%91%eb%8b%a8%c2%b7%ec%9e%ac%ea%b0%9c%ec%8b%9d-%ec%99%84%ed%99%94-%ec%8b%9c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%b8%8c%eb%9d%bc%ec%a7%88-%ec%a4%91%ec%95%99%ec%9d%80%ed%96%89-%ec%9d%98%ec%82%ac%eb%a1%9d-%ec%a4%91%eb%8b%a8%c2%b7%ec%9e%ac%ea%b0%9c%ec%8b%9d-%ec%99%84%ed%99%94-%ec%8b%9c\/","title":{"rendered":"\ube0c\ub77c\uc9c8 \uc911\uc559\uc740\ud589 \uc758\uc0ac\ub85d, \u2018\uc911\ub2e8\u00b7\uc7ac\uac1c\u2019\uc2dd \uc644\ud654 \uc2dc\uc0ac\u2026\uc2dc\uc7a5\uc740 \ubb3c\uac00 \ubcf4\uace0\uc11c\uc640 \ub2ec\ub7ec\/\ud5e4\uc54c 5.25 \uc8fc\ubaa9"},"content":{"rendered":"

\uc18c\uc2dc\uc5d0\ud14c\uc81c\ub124\ub784\uc758 \uc2e0\ud765\uc2dc\uc7a5 \uc804\ub7b5\uac00\ub4e4\uc740 \ube0c\ub77c\uc9c8 \uc911\uc559\uc740\ud589(Banco Central do Brasil) \uc758\uc0ac\ub85d\uc774 \u2018\uc77c\uc2dc \uc911\ub2e8(pause)\u2019\uc744 \uc11e\uc5b4\uac00\uba70 \uc9c4\ud589\ub418\ub294 \uc644\ud654 \uc0ac\uc774\ud074\uc744 \uc9c0\uc9c0\ud55c\ub2e4\uace0 \ubc1d\ud614\ub2e4. \uc774\ub294 2028\ub144 1\ubd84\uae30\uae4c\uc9c0 \ubb3c\uac00\ub97c 3% \ubaa9\ud45c\ub85c \ub418\ub3cc\ub9ac\ub824\ub294 \uc758\ub3c4\uac00 \ubc18\uc601\ub41c \uac83\uc774\ub2e4. \uc758\uc0ac\ub85d\uc740 \ub610\ud55c \uae08\uc735 \ubc0f \uac70\uc2dc \ubcc0\ub3d9\uc131\uc744 \uc81c\ud55c\ud558\uae30 \uc704\ud574 \uc2dc\uc7a5\uacfc \uc560\ub110\ub9ac\uc2a4\ud2b8 \uae30\ub300\uc5d0 \ubcf4\ub2e4 \uac00\uae4c\uc6b4 \uacbd\ub85c\ub97c \ub530\ub974\ub294 \uac83\uc744 \uc120\ud638\ud55c\ub2e4\ub294 \uc810\uc744 \uc2dc\uc0ac\ud588\ub2e4.<\/p>\n

\uc758\uc0ac\ub85d\uc740 \uc9c0\ub09c\uc8fc \ub2e8\ud589\ub41c 25bp \uae08\ub9ac \uc778\ud558\uc758 \uc804\uccb4 \uadfc\uac70\ub97c \uc0c1\uc138\ud788 \uc81c\uc2dc\ud558\uc9c0\ub294 \uc54a\uc558\uc9c0\ub9cc, \uc778\ud50c\ub808\uc774\uc158 \uc0c1\ubc29 \ub9ac\uc2a4\ud06c\ub97c \uc9c0\uc801\ud588\ub2e4. \uc815\ucc45 \uacbd\ub85c\uc5d0 \ub300\ud55c \ucd94\uac00 \ub2e8\uc11c\ub97c \uc5bb\uae30 \uc704\ud574 \uc2dc\uc7a5\uc758 \uc2dc\uc120\uc740 \ub0b4\uc77c \ubc1c\ud45c\ub420 \ubd84\uae30 \uc778\ud50c\ub808\uc774\uc158 \ubcf4\uace0\uc11c\ub85c \uc62e\uaca8\uac00\uace0 \uc788\ub2e4. \uc2dc\uc7a5\uc5d0\uc11c\ub294 USD\/BRL\uc774 200\uc77c \uc774\ub3d9\ud3c9\uade0\uc120\uc778 5.25\uc5d0 \uadfc\uc811\ud558\uace0 \uc788\ub2e4\ub294 \ud3c9\uac00\uac00 \ub098\uc654\ub2e4.<\/p>\n

\uc911\uc559\uc740\ud589 \uc815\ucc45\uacfc \uc2dc\uc7a5 \uae30\ub300<\/h3>\n

\ube0c\ub77c\uc9c8 \uc911\uc559\uc740\ud589\uc774 \u2018\uc77c\uc2dc \uc911\ub2e8\uc744 \ub3d9\ubc18\ud55c \uc644\ud654 \uc0ac\uc774\ud074\u2019 \uc804\ub7b5\uc744 \ucde8\ud558\ub294 \uac83\uc740 \ub2e8\uae30\uc801\uc73c\ub85c \ubc15\uc2a4\uad8c \ubcc0\ub3d9\uc131\uc774 \uc774\uc5b4\uc9c8 \uc218 \uc788\uc74c\uc744 \ubd84\uba85\ud788 \uc2dc\uc0ac\ud55c\ub2e4\uace0 \ubcf8\ub2e4. \uc911\uc559\uc740\ud589\uc740 \uae08\ub9ac\ub97c \uc778\ud558\ub85c \uc720\ub3c4\ud558\ub294 \ub3d9\uc2dc\uc5d0 \uc778\ud50c\ub808\uc774\uc158 \uae30\ub300\ub97c \uad00\ub9ac\ud558\ub824 \ud558\uace0 \uc788\uc73c\uba70, \uc774 \uacfc\uc815\uc774 \ubd88\ud655\uc2e4\uc131\uc744 \ud0a4\uc6b4\ub2e4. \uc774\ub7ec\ud55c \ud658\uacbd\uc740 \ub69c\ub837\ud55c \ubc29\ud5a5\uc131 \ubca0\ud305 \uc5c6\uc774\ub3c4 \uac00\uaca9 \ubcc0\ub3d9\uc5d0\uc11c \uc218\uc775\uc744 \ub0bc \uc218 \uc788\ub294 \ud30c\uc0dd \uc804\ub7b5\uc5d0 \uc801\ud569\ud558\ub2e4.<\/p>\n

\ud604\uc7ac \uc140\ub9ad\uae08\ub9ac\ub294 9.75%\uc774\uba70, 2026\ub144 5\uc6d4 \uc911\uc21c \ubb3c\uac00\uc9c0\ud45c(IPCA-15)\ub294 4.1%\ub85c \uacac\uc870\ud55c \ud750\ub984\uc744 \uc720\uc9c0\ud558\uace0 \uc788\ub2e4. \uc774\uc5d0 \ub530\ub77c \uc608\uc815\ub41c \ubd84\uae30 \uc778\ud50c\ub808\uc774\uc158 \ubcf4\uace0\uc11c\ub294 \ud575\uc2ec \ucd09\ub9e4\ub85c \uc791\uc6a9\ud560 \uc804\ub9dd\uc774\ub2e4. \ucee8\uc13c\uc11c\uc2a4 \uc804\ub9dd\uacfc\uc758 \uad34\ub9ac \uc5ec\ubd80\uc5d0 \ub530\ub77c \uc2dc\uc7a5 \ubc18\uc751\uc774 \ud06c\uac8c \ub098\ud0c0\ub0a0 \uac83\uc73c\ub85c \uc608\uc0c1\ud55c\ub2e4. \ud574\ub2f9 \uc9c0\ud45c\ub294 \uc911\uc559\uc740\ud589\uc774 \ub2e4\uc74c \ud68c\uc758\uc5d0\uc11c \uc778\ud558 \uc0ac\uc774\ud074\uc744 \uc77c\uc2dc \uc911\ub2e8\ud560\uc9c0, \uc544\ub2c8\uba74 \ub610 \ud55c \ucc28\ub840\uc758 \uc18c\ud3ed \uc778\ud558\ub97c \ub2e8\ud589\ud560\uc9c0\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce60 \uac00\ub2a5\uc131\uc774 \ub192\ub2e4.<\/p>\n

USD\/BRL \ud658\uc728\uc740 200\uc77c \uc774\ub3d9\ud3c9\uade0\uc120\uc778 5.25\ub77c\ub294 \uc911\uc694\ud55c \uae30\uc220\uc801 \ub808\ubca8\uc5d0 \uc811\uadfc\ud558\uace0 \uc788\ub2e4. \uc5ed\uc0ac\uc801\uc73c\ub85c \uc774 \uc774\ub3d9\ud3c9\uade0\uc740 \uac15\ud55c \ud53c\ubc97(\ubd84\uae30\uc810)\uc73c\ub85c \uc791\uc6a9\ud574 \uc654\uc73c\uba70, \uc774\ub97c \uc0c1\ud5a5 \ub3cc\ud30c\ud560 \uacbd\uc6b0 \ube0c\ub77c\uc9c8 \ud5e4\uc54c(BRL) \uc57d\uc138\uac00 \uc9c0\uc18d\ub418\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc558\ub2e4. \ud604\uc7ac \ud604\ubb3c\ud658\uc728\uc740 5.23 \ubd80\uadfc\uc5d0\uc11c \ub4f1\ub77d\ud558\uace0 \uc788\uc5b4, \ud5a5\ud6c4 \uba87 \ucc28\ub840 \uac70\ub798\uc77c\uc774 \uc911\uc694\ud574\uc84c\ub2e4.<\/p>\n

\uc778\ud50c\ub808\uc774\uc158 \ubd88\ud655\uc2e4\uc131 \uc18d \ud2b8\ub808\uc774\ub529 \uc804\ub7b5<\/h3>\n

\ubd88\ud655\uc2e4\uc131\uc744 \uac10\uc548\ud560 \ub54c, \ud5a5\ud6c4 \uba87 \uc8fc \ub3d9\uc548 \uc635\uc158\uc744 \ud1b5\ud55c \ubcc0\ub3d9\uc131 \ub9e4\uc218 \uc804\ub7b5\uc774 \ud569\ub9ac\uc801 \uc811\uadfc\uc774\ub77c\uace0 \ubcf8\ub2e4. USD\/BRL \uc120\ubb3c\uc5d0\uc11c \ub3d9\uc77c \ud589\uc0ac\uac00\uc758 \ucf5c\uacfc \ud48b\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218\ud558\ub294 \ub871 \uc2a4\ud2b8\ub798\ub4e4(long straddle)\uc740 \uc778\ud50c\ub808\uc774\uc158 \ubcf4\uace0\uc11c \ubc1c\ud45c \uc774\ud6c4 \uc5b4\ub290 \ubc29\ud5a5\uc774\ub4e0 \ud070 \uac00\uaca9 \ubcc0\ub3d9\uc774 \ubc1c\uc0dd\ud560 \uacbd\uc6b0 \uc218\uc775 \uae30\ud68c\ub97c \uc81c\uacf5\ud55c\ub2e4. \uc774\ub294 \uc911\uc559\uc740\ud589\uc758 \ub2e4\uc74c \ud589\ubcf4\uac00 \uc608\uce21\ud558\uae30 \uc5b4\ub824\uc6b4 \uc810\uc5d0 \ub300\ud55c \ud5e4\uc9c0\ub85c\ub3c4 \uae30\ub2a5\ud55c\ub2e4.<\/p>\n

\ucd94\uac00\uc801\uc778 BRL \uc57d\uc138\ub97c \uc608\uc0c1\ud558\ub294 \ud2b8\ub808\uc774\ub354\uc5d0\uac8c\ub294 USD\/BRL \ucf5c \uc2a4\ud504\ub808\ub4dc \uc804\ub7b5\uc744 \uc81c\uc548\ud55c\ub2e4. \uc774\ub294 \ucf5c\uc635\uc158\uc744 \ub9e4\uc218\ud558\uace0 \ub354 \ub192\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uc635\uc158\uc744 \ub9e4\ub3c4\ud574 \ucd08\uae30 \ube44\uc6a9\uc744 \ub0ae\ucd94\uba74\uc11c, \ud658\uc728\uc774 5.25\ub97c \uc0c1\ud68c\ud560 \uacbd\uc6b0 \uc218\uc775\uc744 \ucd94\uad6c\ud558\ub294 \ubc29\uc2dd\uc774\ub2e4. \uc190\uc2e4\uc774 \uc81c\ud55c\ub41c(defined-risk) \uad6c\uc870\ub85c, BRL \uc57d\uc138 \uac00\ub2a5\uc131\uc740 \ub192\uc9c0\ub9cc \uc911\uc559\uc740\ud589\uc774 \ubcc0\ub3d9\uc131 \uc5b5\uc81c\ub97c \uc9c0\ud5a5\ud558\ub294 \ub9cc\ud07c \ud3ed\ubc1c\uc801 \uae09\ub4f1\uc740 \uc81c\ud55c\ub420 \uc218 \uc788\ub2e4\ub294 \uad00\uc810\uacfc \ubd80\ud569\ud55c\ub2e4.<\/p>\n\n\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 \u2014 VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

\ube0c\ub77c\uc9c8 \uc911\uc559\uc740\ud589, \u2018\uc77c\uc2dc\uc911\ub2e8\u2019 \uc11e\uc740 \uc778\ud558\ub85c 2028\ub144 3% \ubb3c\uac00 \ubcf5\uadc0 \ub178\ub9b0\ub2e4. \ub0b4\uc77c \uc778\ud50c\ub808 \ubcf4\uace0\uc11c\uac00 \ubcc0\uace1\uc810. USD\/BRL 5.25(200\uc77c\uc120) \uadfc\uc811\u2026 \uc635\uc158 \ubcc0\ub3d9\uc131 \ub9e4\uc218 \uc720\ud6a8.<\/p>\n","protected":false},"author":87,"featured_media":50176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-50239","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/50239","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=50239"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/50239\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/50176"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=50239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=50239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=50239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}