# Korean Won - US Dollar Weekly FX Rate Forecast

> Hana Bank forecasts the won-dollar rate to trade between 1,315 and 1,350 per dollar in the coming week. Investors expect the Fed to slow rate hikes, which would support the won, while a hawkish Fed chair and Covid protests in China could weigh on it. Market volatility is expected.

- Date: 2022-11-28 · published 2022-11-28T12:00:00.000Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/38948-korean-won-us-dollar-weekly-fx-rate-forecast
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Expected won volatility within a narrow range has little direct effect on feed commodity prices. It matters mainly for the local cost of imported feed for Korean buyers.

## Read by commodity

- USDKRW: neutral

## Sources

- hapskorea.com: https://www.hapskorea.com/korean-won-us-dollar-weekly-fx-rate-forecast-113/

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