South Korea’s Lee sees won strengthening to 1,400 level, stocks still undervalued

South Korea's President Lee has forecasted that the won will strengthen towards the 1400 level. This outlook is based on external factors and improvements in the domestic economy, which will particularly benefit Korean export companies. Regarding the stock market, he has described current levels as undervalued, sending a positive signal to investors. A strengthening won towards 1400 points will lower import costs and potentially revitalize the consumer market. It may also encourage domestic economic growth and contribute to the recovery of corporate profits. President Lee's statements are expected to have a positive impact on the South Korean financial markets and might become a central theme in the short term, necessitating close monitoring of the won's movements.