# South Korean Won Weakens to 1,480s as Oil Surges and Fed Turns More Hawkish | Aju Press

> The Korean won weakened to 1,483.3 per dollar on April 30, down from 1,488.5 the day before, as oil prices jumped and Brent briefly hit $119.76 a barrel. The Federal Reserve also warned that the Middle East conflict is raising inflation, which reduced expectations of US rate cuts.

- Date: 2026-04-30 · published 2026-04-30T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/19955-south-korean-won-weakens-to-1-480s-as-oil-surges-and-fed-turns-more-hawkish-aju
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher oil raises South Korea's energy import bill and dollar demand, and a firmer dollar tightens financial conditions for energy-importing feed buyers. Crude strength also supports biofuel-linked and energy-linked commodity prices.

## Read by commodity

- BRENT: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-01-29 | [USD/CAD slides to 1.3530, pressured by bullish Oil and weak USD](https://feedsoft.ai/events/21290-usd-cad-slides-to-1-3530-pressured-by-bullish-oil-and-weak-usd.md) | +0.9% | +1.6% |
| BRENT | 2026-09-28 | [Rand weakens as oil prices rise and rate-hike fears support dollar](https://feedsoft.ai/events/17765-rand-weakens-as-oil-prices-rise-and-rate-hike-fears-support-dollar.md) | +6.5% | +1.3% |
| BRENT | 2026-03-30 | [South African rand weakens as Middle East conflict elevates oil prices \| CNBC Africa](https://feedsoft.ai/events/20456-south-african-rand-weakens-as-middle-east-conflict-elevates-oil-prices-cnbc.md) | +1.2% | -5.1% |
| BRENT | 2022-03-22 | [Steep oil and sunken yields flash more weakness for Japan's yen](https://feedsoft.ai/events/42481-steep-oil-and-sunken-yields-flash-more-weakness-for-japan-s-yen.md) | -4.6% | -10.5% |
| BRENT | 2026-10-28 | [South African rand softens as oil prices rise, Fed in focus \| CNBC Africa](https://feedsoft.ai/events/17333-south-african-rand-softens-as-oil-prices-rise-fed-in-focus-cnbc-africa.md) | -4.7% | — |

## Sources

- ajupress.com: https://www.ajupress.com/view/20260430173570248

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.