# Q1 Exchange Rate Hits 'Highest Since IMF'... Key Outlook for Q2 - The Asia Business Daily

> 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.

- Date: 2025-03-31 · published 2025-03-31T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/25838-q1-exchange-rate-hits-highest-since-imf-key-outlook-for-q2-the-asia-business
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- asiae.co.kr: https://www.asiae.co.kr/en/article/2025040107220805057

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.