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The Bank of Korea's data showed the won averaged 1,452.91 per dollar in Q1 2025, its weakest quarterly level since 1998. Pressure came from US tariff uncertainty, stagflation concerns and domestic political instability.
Analysts warned the 1,500 level could be tested in the short term.
A weaker won raises the local-currency cost of imported feed grains and meal for Korean buyers, even if global dollar prices are unchanged. Continued weakness would keep import costs elevated.
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.