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Bloomberg reported that Korean authorities sold a net $3.8 billion in the fourth quarter of 2024 to limit won volatility. That was the largest quarterly intervention since the second quarter of 2024.
The intervention reflected turmoil in late 2024.
Official intervention can cap currency swings, which partly offsets the import-cost pressure from a weak won. The effect on feed prices is modest and mainly affects currency conversion timing.
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.