# KRW at two-year low of 1,230 vs USD, may go as low as 1,250 - 매일경제 영문뉴스 펄스(Pulse)

> The Korean won broke past 1,230 per dollar on March 8, 2022, reaching its weakest level since May 2020. Heavy foreign selling of Korean assets and surging energy and commodity prices drove the move, and intervention failed to halt the slide. Traders flagged 1,250 as the next resistance level.

- Date: 2022-03-08 · published 2022-03-08T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/42507-krw-at-two-year-low-of-1-230-vs-usd-may-go-as-low-as-1-250-pulse
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won makes dollar-priced energy and commodity imports more expensive for Korea, a major fuel and feed importer. Further depreciation would raise landed costs for feed ingredients.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- pulse.mk.co.kr: https://pulse.mk.co.kr/news/english/10244730

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