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The won traded above 1,530 per dollar intraday on March 31 for the first time since March 2009, touching 1,536 before closing at 1,530.1. The KOSPI fell sharply toward 5,000 as Middle East conflict concerns and foreign stock outflows weighed on markets.
The won's slide to a 17-year low raises import costs for Korea's feed and meal purchases, which are priced in dollars. Buyers may accelerate forward purchases or hedge if the currency keeps weakening.
Not 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.