# Korean won sinks to 13-year low against US dollar - The Korea Herald

> 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.

- Date: 2022-07-15 · published 2022-07-15T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/40723-korean-won-sinks-to-13-year-low-against-us-dollar-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- koreaherald.com: https://www.koreaherald.com/article/2912580

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