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The Korean currency hit a 13-year low against the dollar, breaching 1,300 won for the first time since the 2009 global financial crisis. The sell-off came amid global recession fears.
The won's slide makes dollar-priced grain and oilseed imports more expensive for Korean feed users, supporting higher local landed costs.
nytimes.comJun 23, 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.
