# Won-Dollar Exchange Rate Surges Above 1450... Digesting Uncertainty in US Trade Policy (Update) - The Asia Business Daily

> The won-dollar rate rose sharply on January 31 after trading resumed from the Lunar New Year break, reaching about 1,452 won per dollar. The move reflected a hawkish Federal Reserve hold and renewed US tariff threats against Mexico and Canada, which lifted the dollar index.

- Date: 2025-01-31 · published 2025-01-31T12:00:00.000Z
- Category: macro · region South Korea · magnitude medium
- Page: https://feedsoft.ai/events/26761-won-dollar-exchange-rate-surges-above-1450-digesting-uncertainty-in-us-trade
- 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 ingredients and tightens Korean feed buyers' purchasing margins. Dollar strength generally supports US grain and meal export competitiveness only marginally, while tariff uncertainty adds volatility to trade flows.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- asiae.co.kr: https://www.asiae.co.kr/en/article/2025013110570195107

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