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The won-dollar rate closed up nearly 16 won at 1,305.8 on December 1, as the euro weakened and foreigners net sold about 167.1 billion won of stocks. Analysts said daily swings of more than 15 won are likely to continue, reflecting domestic confidence concerns.
Sharp won weakness raises the local-currency cost of dollar-priced feed imports into Korea, adding to buyer cost pressure.
asiae.co.krSeo SojeongDec 1, 2023Not 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.
