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The Korean won remained below 1,300 per dollar in January, trading around 1,339 on the day reported, as safe-haven demand grew. Analysts cited North Korean threats, US-China tension over Taiwan, and Houthi attacks in the Red Sea.
A weaker won raises the local-currency cost of dollar-denominated feed and grain imports into Korea, supporting domestic feed prices.
koreatimes.co.krYi Whan-wooJan 22, 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.
