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Bank of Korea Governor Hyun Song Shin said the central bank will respond decisively to herding in the foreign exchange market. He said the won should strengthen if the Korea-US interest rate gap narrows, and that won-based import prices rose 20.2% year on year in April.
Possible intervention or rate hikes could firm the won, which would lower the local cost of imported feed grains and meal over time.
en.sedaily.comKim Hye-ranMay 28, 2026Not enough comparable past events yet for a historical read.
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.
