Stocks Skyrocketing, Interest Rates Falling Sharply

Stocks are skyrocketing, the value of the won is rising and appears stable while the level of interest rates are gradually falling.
These can be attributed to oversea and domestic assessments that Korea's economy is getting better as foreign investment continues to increase.
On December 5, the KOSPI (Korea Stock Price Index) rose sharply by 24.37 points due to the news that the Moody's, a U.S. credit rating agency, raised its evaluation for the bonds denominated in the Korean won from non-reliable investment to a reliable investment designation.
For the day, the yields for three year due debentures fell to 9.0% from 9.09% on the 4th, lower than the all time low level of 9.23% on October 16th.
Finance market analysts are expecting that an 8% interest rate level is coming soon, as the Bank of Korea will lower its interest rates further. The won's value rose by 90 won from 1,304 won to the U.S. dollar on November 17 to 1,214 won on December 4.
This indicates that the supply for the dollar is much larger than the demand.