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South Korea's finance ministry official said currency reforms aim to shift part of won NDF trading to spot deliverable trades. He noted that buyers who just want won are forced into the NDF market because of current restrictions.
Currency market structure changes have little direct effect on feed grain or oilseed prices; the link is indirect through Korean import costs for feed.
reuters.comCynthia Kim, Yena ParkFeb 20, 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.
