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The won rebounded to around 1,350 per dollar on September 23 after falling oil prices and hopes for easing US-Iran tensions. Earlier in the month it had reached 1,336 and then hovered near 1,380 under high oil prices and foreign rate hikes.
Lower oil prices reduce Korea's energy import bill and ease pressure on the won, which marginally lowers the local cost of imported feed ingredients.
asiae.co.krKim YuriSep 23, 2026Not enough comparable past events yet for a historical read.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
