Loading…
The won-dollar rate closed above 1,200 for two sessions, the first time since July 2020. A local researcher expects the won's weakness to peak this quarter, with the rate staying around 1,200 through January amid Fed tightening and trade deficit concerns.
Sustained won weakness keeps imported feed raw materials more expensive for Korean buyers in local currency terms.
asiae.co.krSong HwajungJan 7, 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.
