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Korea's finance minister said on July 31 that capital outflows were not a major concern, noting the Fed's 75 basis point hike matched market expectations. Won and stocks stabilized after the Fed decision, which pushed US rates above Korea's.
Stabilization of the won eases near-term import cost pressure for Korean feed buyers, though a firm dollar remains a background factor.
theinvestor.co.krKim Yon-seJul 31, 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.
