10月初，韩国10年期债券收益率升至3%，达到7月10日以来的最高水平，韩国央行发表谨慎言论，市场普遍热情高涨。央行指出，虽然金融市场在假期期间总体保持稳定，但由于全球不确定性以及持续的国内风险，风险因素略有增加。英国央行的警惕信号表明了一种平衡的利率策略。此前，政策制定者决定在8月的第二次会议上维持利率不变，这突显了人们对首尔房地产市场、家庭债务上升和审慎宽松政策的担忧。最新经济数据还显示，第二季度国内生产总值强于预期，进一步限制了韩国央行在本月晚些时候下一次利率决定之前采取激进宽松政策的能力。

South Korea’s 10-year bond yield rose toward 3% in early October, reaching its highest level since July 10, amid cautious remarks from the Bank of Korea and broader market enthusiasm. The central bank noted that while financial markets remained broadly stable during the holiday, risk factors had slightly increased due to global uncertainties, coupled with ongoing domestic risks. The BOK’s signal of vigilance suggests a balanced approach to interest rates. This follows the policymakers’ decision to hold rates for a second meeting in August, highlighting concerns over Seoul’s housing market, rising household debt, and a measured approach to easing. The latest economic data also showed a stronger-than-expected Q2 GDP, further limiting the BOK’s ability for aggressive easing ahead of the next rate decision later this month.

周五，韩元兑美元汇率升至1420左右，略有上涨，但仍接近五个月来的最低水平，因为美元持续走强继续给亚洲货币带来压力。美元本周保持坚挺，主要得益于日元和欧元的大幅下跌。在国内，数据显示2024年超过47万家韩国公司未能实现净利润，突显出需求疲软和财政收入压力，市场情绪保持谨慎。与此同时，9月份该国外汇储备连续第四个月增长至约4220亿美元，为应对外部波动提供了适度缓冲，这在一定程度上提升了前景。

The South Korean won rose to around 1,420 per dollar on Friday, posting a slight uptick but staying near its weakest level in five months as persistent dollar strength continued to pressure Asian currencies. The dollar has held firm throughout the week, benefiting mainly from sharp declines in the yen and euro. Domestically, sentiment stayed cautious after data showed over 470,000 South Korean firms failed to post a net profit in 2024, highlighting weak demand and pressure on fiscal revenues. Meanwhile, the outlook was partly lifted by a fourth straight monthly increase in the country's foreign reserves to about USD 422 billion in September, providing a modest buffer against external volatility.

基准韩国综合股价指数周五上涨1.76%，至3600点以上，在为期七天的Chuseok假期后开盘大幅上涨，对全球人工智能繁荣再次持乐观态度。英伟达支持的Reflection AI以80亿美元的估值融资20亿美元，推动半导体和科技股走高，SK海力士（9.86%）和三星电子（5.84%）领涨，投资者情绪增强。此外，在Celltrion的Eydenzelt生物仿制药获得美国食品药品监督管理局批准后，三星生物制品（0.59%）和Celltrion（0.11%）等制药股小幅上涨。该药物参考了Eylea，针对价值13.33万亿韩元的全球市场，并已在欧洲和澳大利亚获得批准，进一步提振了人们对韩国制药行业的信心。

The benchmark KOSPI climbed 1.76% to above 3,600 on Friday, opening significantly higher after the seven-day Chuseok holiday amid renewed optimism over the global AI boom. Investor sentiment strengthened following news that Nvidia-backed Reflection AI raised $2 billion at an $8 billion valuation, driving semiconductor and technology shares higher, led by SK Hynix (9.86%) and Samsung Electronics (5.84%). In addition, pharmaceutical stocks such as Samsung Biologics (0.59%) and Celltrion (0.11%) edged higher after Celltrion received US FDA approval for its Eydenzelt biosimilar. The drug, referencing Eylea, targets a global market worth KRW 13.33 trillion and has already secured approvals in Europe and Australia, further boosting confidence in South Korea’s pharmaceutical sector.

韩国的外汇储备从8月份的4163亿美元增加到2025年9月的4220亿美元。这一增长是由于证券持有量增加，从3662亿美元攀升至3784亿美元。与此同时，特别提款权（SDR）稳定在158亿美元，黄金储备保持在48亿美元，国际货币基金组织的储备头寸保持在45亿美元。另一方面，存款从250亿美元降至185亿美元。

South Korea's foreign exchange reserves increased to $422 billion in September 2025, up from $416.3 billion in August. The increase was driven by higher securities holdings, which climbed to $378.4 billion from $366.2 billion. Meanwhile, Special Drawing Rights (SDRs) remained steady at $15.8 billion, gold reserves held at $4.8 billion, and the IMF reserve position stayed at $4.5 billion. On the other hand, deposits declined to $18.5 billion from $25 billion.