# Fiscal chief downplays fear of capital outflow despite Fed’s rate hikes - THE INVESTOR

> 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.

- Date: 2022-07-31 · published 2022-07-31T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/40728-fiscal-chief-downplays-fear-of-capital-outflow-despite-fed-s-rate-hikes-the
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Stabilization of the won eases near-term import cost pressure for Korean feed buyers, though a firm dollar remains a background factor.

## Read by commodity

- USDKRW: neutral

## Sources

- theinvestor.co.kr: https://www.theinvestor.co.kr/article/2922760

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