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The South Korean won fell below 1,320 per US dollar for the first time since 2009 during Friday morning trading, trading near 1,326 by afternoon. Analysts warned it could lose further value.
A weaker won raises the local-currency cost of imported feed grains and meal for Korean buyers, while a strong dollar generally pressures dollar-denominated grain prices.
koreaherald.comJung Min-kyungJul 15, 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.
