# On the 28th, the won-dollar exchange rate broke through the connection point. According to the Seoul.. - MK

> The won-dollar exchange rate passed a key psychological level on March 28, trading at 1,351.65 won per dollar in morning trade. Coverage focuses on rising costs for Korean students and migrants sending money abroad and interest in fintech remittance services.

- Date: 2024-03-29 · published 2024-03-29T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/31454-on-the-28th-the-won-dollar-exchange-rate-broke-through-the-connection-point
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won raises the cost of imported feed ingredients for South Korean buyers, though the article itself centers on household remittance costs rather than commodity flows.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- mk.co.kr: https://www.mk.co.kr/en/it/10977708

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