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The Bank of Korea cut its benchmark rate by 25 basis points to 2.75% and downgraded 2025 growth to 1.5%. USD/KRW was quoted near 1,431.86, close to a three-week low, and the won remained near its weakest level in about 16 years.
The rate cut and weak growth outlook reduce Korean demand, while the won's position near multi-year lows keeps imported feed ingredients expensive.
business-standard.comCapital MarketFeb 25, 2025Not 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.
