# Over the weekend, the won fell to its lowest level since the financial crisis due to concerns over s.. - MK

> The won fell to 1,472.9 per dollar on March 31, its weakest weekly close since the global financial crisis. Stagflation concerns in the US and the resumption of short selling in Seoul drove the decline. Domestic political uncertainty kept investor sentiment weak.

- Date: 2025-03-31 · published 2025-03-31T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/25843-over-the-weekend-the-won-fell-to-its-lowest-level-since-the-financial-crisis
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A won near 1,470 per dollar increases the local cost of imported feed grains and meal for Korean buyers. Hedging and authority intervention may limit further moves, but cost pressure remains.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- mk.co.kr: https://www.mk.co.kr/en/economy/11278453

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