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The won has slid nearly 100 per dollar since July despite a record trade surplus and foreign equity inflows. Authorities attribute the weakness mainly to Korean retail investors converting won to dollars to buy US stocks such as Nvidia, Tesla and Apple.
Persistent dollar demand from retail outflows keeps upward pressure on the dollar cost of imported feed for Korean buyers. The trend has lasted several months, so it adds to import cost risk.
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.