# Asia FX slips, dollar steady on rate uncertainty; S.Korean won slides on BOK cut By Investing.com

> Most Asian currencies edged lower on November 28 as the dollar steadied ahead of the US Thanksgiving holiday. The won fell sharply after the Bank of Korea unexpectedly cut interest rates.

- Date: 2024-11-28 · published 2024-11-28T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/27669-asia-fx-slips-dollar-steady-on-rate-uncertainty-s-korean-won-slides-on-bok-cut
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Regional currency weakness combined with a firm dollar raises dollar-denominated feed import costs across Asia, though moves were modest.

## Sources

- investing.com: https://www.investing.com/news/forex-news/asia-fx-slips-dollar-steady-on-rate-uncertainty-skorean-won-slides-on-bok-cut-3745473

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