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South Korea's won has lost 3.8 percent against the dollar this year despite recovering exports and foreign equity inflows of more than 14 trillion won. It was the fourth-worst performer among G20 currencies, trailing only the Australian dollar and other weak currencies.
Persistent won weakness keeps imported feed and grain costs elevated in Korea, and the column signals the currency's trend is not easing despite improved trade data.
koreaherald.comKorea HeraldMar 24, 2024Not 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.
