# Korean won to stay weaker than profitable levels – poll - KED Global

> A Korea Economic Daily poll of 50 chief financial officers found most expect the won to stay weaker than 1,200 per dollar in 2023. Companies said profitable levels are roughly 1,100 to 1,200 per dollar. The won fell 6% in 2022 and hit a low of 1,444.2 in October.

- Date: 2023-01-02 · published 2023-01-02T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/38015-korean-won-to-stay-weaker-than-profitable-levels-poll-ked-global
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Expectations of a persistently weak won would keep the cost of dollar-priced feed imports elevated for Korean buyers. The poll is a sentiment survey, so it does not by itself move spot prices.

## Read by commodity

- USDKRW: neutral

## Sources

- kedglobal.com: https://www.kedglobal.com/foreign-exchange/newsView/ked202301020015

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.