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The South Korean won strengthened as much as 0.6% to 1,386.35 per dollar after central bank Governor Rhee Chang-yong defended the bank's currency intervention. Rhee said the US may view the intervention as desirable and that the US Treasury is holding foreign-exchange discussions with several Asian nations, including South Korea.
Currency intervention and US-Asia FX talks affect the won's purchasing power for feed importers and the cost of dollar-denominated feed ingredients bought by South Korean buyers.
bloomberg.comJaehyun EomAug 28, 2025Not 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.
