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The won strengthened 0.4% to 1,194.70 per dollar, its best session since December 1. Traders pointed to robust partial January trade data and expectations of Bank of Korea tightening, along with easing COVID-19 cases and fading worries over a North Korean missile test.
A firmer won slightly lowers the local currency cost of imported feed ingredients, though the move is small and short-lived.
reuters.comArchishma IyerJan 11, 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.
