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IFR published a BUZZ note saying USD/KRW may be pressured as the Bank of Korea reiterates a hawkish view. The page text is mostly site navigation with little substantive detail.
A hawkish BOK tends to support the won, which would weigh on USD/KRW and reduce the cost of dollar-priced feed imports for Korea at the margin.
ifre.comEwan ChewJan 30, 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.
