# [Yoo Choon-sik] Won weakness outlasting forecasts - The Korea Herald

> 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.

- Date: 2024-03-24 · published 2024-03-24T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/31456-yoo-choon-sik-won-weakness-outlasting-forecasts-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- koreaherald.com: https://www.koreaherald.com/article/3352936

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