# Tariff Threats and Korean Interest Rate Cut... KRW-USD Exchange Rate Rises Above 1450 Won for the First Time in Two Weeks

> The won weakened past 1450 per dollar on February 28, its first move above that level in two weeks. The move was attributed to safe-haven dollar demand driven by new Trump tariff threats and a widening Korea-US rate gap after the BOK cut.

- Date: 2025-02-28 · published 2025-02-28T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/26302-tariff-threats-and-korean-interest-rate-cut-krw-usd-exchange-rate-rises-above
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker won raises the cost of dollar-denominated feed and grain imports for Korean buyers, and a firmer dollar tends to pressure dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-09-21 | [Foreign exchange rate 22.9: Fed cuts interest rates, USD increases, should we sell for profit?](https://feedsoft.ai/events/57358-foreign-exchange-rate-22-9-fed-cuts-interest-rates-usd-increases-should-we-sell.md) | +0.5% | -1.0% |
| DXY | 2022-08-29 | [Won-Dollar Exchange Rate Surpasses 1,350 Won for the First Time in 13 Years and 4 Months... Hits Another Record High (Comprehensive) - The Asia Business Daily](https://feedsoft.ai/events/40283-won-dollar-exchange-rate-surpasses-1-350-won-for-the-first-time-in-13-years-and.md) | +0.6% | +4.4% |
| DXY | 2024-05-29 | [Big moves ahead: ECB’s interest rate cut and the future of EUR/USD](https://feedsoft.ai/events/30469-big-moves-ahead-ecb-s-interest-rate-cut-and-the-future-of-eur-usd.md) | +1.1% | +2.3% |
| DXY | 2025-03-20 | [EUR/USD weakens as Fed sees no rush for interest rate cuts](https://feedsoft.ai/events/25794-eur-usd-weakens-as-fed-sees-no-rush-for-interest-rate-cuts.md) | +0.3% | -2.0% |
| DXY | 2016-12-28 | [Euro To Dollar Forecast: Rally In EUR USD Exchange Rate Falters And 2017 Looks Bearish](https://feedsoft.ai/events/73670-euro-to-dollar-forecast-rally-in-eur-usd-exchange-rate-falters-and-2017-looks.md) | -0.1% | -1.6% |

## Sources

- en.bloomingbit.io: https://en.bloomingbit.io/feed/news/84058

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