Loading…
The won was defended near 1,300 per dollar after a Finance Ministry official said the ministry would meet FX dealers, citing the won's faster weakening than other currencies. The pair had earlier hit a two-month high of 1,314.53 on broad dollar strength.
Official intervention signals limit won depreciation, which modestly eases the local-currency cost of imported feed ingredients.
octaafrica.netFeb 22, 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.
