Loading…
A lawmaker said non-resident NDF purchases hit a 2022 high of $6.08 billion in August, pushing the won-dollar rate above 1,430. The government had sold dollars in the market and said it would strengthen speculation monitoring.
Speculative pressure on the won raises Korean import costs for feed ingredients, though the effect on grain prices is indirect and limited.
businesskorea.co.krYoon Young-silSep 27, 2022Not 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.
