The document discusses the expected depreciation of the South Korean won (KRW) due to changes in Korea's balance of payments and capital outflows. It highlights the shrinking current account surplus and measures to encourage overseas investments. The document includes a table showing overseas portfolio investments by residents and the US-SK 5Y yield differential from 1Q10 to 2Q15.
documents/vol00010-efta01459608-pdf.pdf
{"title":"FX Blueprint: Forever Young","document_date":"2016-01-12","document_type":"tabular","key_locations":["Korea"],"key_organizations":["Deutsche Bank","National Pension Service (NPS)"]}