Is the Ministry of Strategy and Finance issuing 20 trillion worth of foreign exchange bonds? Is the exchange rate 2,000 won?

Yonhap News
First launch of ‘KRW foreign currency bonds’ on January 24th next year
. Annual limit of 20 trillion
Entered 2024.12.26. 5.43pm
Modified 2024.12.26. 5.44pm
Original text of article
Reporter Lee Jun-seo
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Government_Foreign Exchange Balancing Fund Bond Issuance (PG)
[Produced by Yeonju Jeong] Illustration
(Sejong-Yonhap News) Reporter Lee Jun-seo
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The Ministry of Strategy and Finance will
Issuance of Korean Won-denominated Foreign Exchange Equalization Fund bonds (foreign exchange bonds)
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Osaan le?
exterior l string

Is Oepyeongchae running?
Bonds issued to establish a foreign exchange equalization fund to stabilize the exchange rate
Dollar-denominated foreign exchange bonds: Mainly issued when the won-dollar exchange rate rises sharply (won weakens)
Mainly issued in the international Geumum market, targeting foreign investors
Won-denominated foreign exchange bonds: Issued when the won-dollar exchange rate is depressed (won is strong)
Mainly issued in the domestic market
Is the won strong now?

Existing Korean won-denominated foreign currency funds were diverted in a wrong way.
Tax revenue peak of unprecedented scale
56 trillion won in 2023
29 trillion won in 2024
Possibility of continental expansion in 2025 (lagging variable due to economic downturn)
It is customary to issue government bonds once tax revenues are stabilized.
However, the government only uses foreign exchange bonds.
Compensation for tax revenue deficit of 20 trillion won by 2023
Compensation for tax revenue deficit of 6 trillion won by 2024