Loading…
The Bank of Korea cut its benchmark rate by 0.25 point to 2.50% and lowered its 2025 growth forecast to 0.8% from 1.5%. The won weakened, opening at 1,380 per dollar and trading near 1,384.
Analysts said the cut was largely expected and its impact on the won would be limited.
A weaker won raises the local-currency cost of dollar-priced feed imports for Korean buyers. Lower rates and slower growth may also reduce domestic demand for meat and feed.
mk.co.kr김혜란May 29, 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.
