# USD/KRW recovers to 1,266 after BOK Chief Rhee’s comments on inflation: Analytics and Market news from 26 May 2022 02:22

> The USD/KRW rate recovered to 1,266 after BOK Governor Rhee Chang-yong said the May 26 rate hike was unanimous and that price stabilization would remain the focus for several months. The base rate rose 25 basis points from 1.5% to 1.75%.

- Date: 2022-05-26 · published 2022-05-26T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/41637-usd-krw-recovers-to-1-266-after-bok-chief-rhee-s-comments-on-inflation
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Currency moves tied to Korean monetary policy affect the local cost of dollar-priced feed imports, but do not change global feed supply.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- teletrade.org: https://www.teletrade.org/analytics/market-analysis/market-news/3758904

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