
The won fell as much as 0.5% to 1,479 per dollar, its weakest since April 9, as local funds' increased overseas investments pressured the currency ahead of the central bank's policy decision that week. The won is heading for year-to-date losses while most emerging-market peers have gained against the dollar.
Continued won weakness increases the Korean cost of dollar-denominated feed imports, which can squeeze importer margins and encourage forward buying. The central bank's decision could influence whether the drop continues.
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.