<Anchor> The



financial market is fluctuating as stock prices fall and the exchange rate soars. In the meantime, it has enjoyed a boom thanks to the huge amount of money and liquidity released in the market.



This is reporter Im Tae-woo.



<Reporter> The



KOSPI fell to the 2,900 level within one day of giving the 3,000 line, the lowest level this year.



It fell 100 points in two days, and 400 points from the high in July.



Foreigners sold more than 1 trillion won in three trading days, and the market cap evaporated by 110 trillion won.



The won-dollar exchange rate also soared to 1,190 won, the highest in a year and two months.



Demand has shifted to the safe-haven dollar instead of emerging-market risky assets.



[Jung-Hoon Seo / Senior Research Fellow, KEB Hana Bank: Global investment banks that have started overseas investments with low funding rates have no choice but to withdraw funds quickly (due to worsening profitability), so the impact on the market is huge (you can see it). )] As



inflationary pressures strengthen the prospect of accelerating austerity in major countries,



[Sam Stovall / Chief Strategist, U.S. Investment Research: What I am really curious about is that the US Federal Reserve hastened tapering (reducing asset purchases) along with its first rate hike. Is it going to be I think this is the most important concern for investors.]



There is also an analysis that the liquidity market that has expanded the global asset market since the second half of last year is ending.



In particular, Korea raised the base interest rate once in August to prevent excessive household debt, and the financial authorities are planning to strengthen the tightness of the money line by introducing additional household loan measures within this month.



[Seung-beom Koh / Chairman of the Financial Services Commission: I have the idea that end-user loans should be reasonable within the scope of repayment capacity as much as possible.

Without such efforts, it is realistically difficult to achieve the goal (management of household loans).] As



domestic and foreign markets with high volatility are likely to continue, individual investors also need to take a cautious approach.



(Video coverage: Kim Gyun-jong, Kim Hak-mo, video editing: Lee Seung-jin)