(Personal Speculation) The exchange rate will likely bottom out in early to mid-September
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First of all, please keep in mind that this is just my personal speculation.
The exchange rate has dropped rapidly by about 12% in the short term, from 1560 to 1380.
Corporate tax interim payments are scheduled to take place between late August and late September,
and Hynix ADR currency conversions are expected to conclude around September.
Considering that the government also does not desire excessive KRW strength...
I suspect it might hit its low point around mid-September.
My speculative bottom range would be around the 1350–1380 level?
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