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KOSPI Surge Slashes South Korea’s Net International Investment Position

As the domestic stock market surged by over 70% during the second quarter, South Korea’s net international investment position plunged by $689.5 billion in a single quarter.

  • South Korea's net international investment position declined $689.5 billion in a quarter.
  • Surge in domestic stock prices, especially in semiconductors, caused historic decrease.
  • Bank of Korea attributes decline to statistical illusion, not external soundness deterioration.
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