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The Bank of Korea raised its base rate by 25 basis points to 1.25%. The central bank said the economy continues to recover despite COVID-19 resurgence, with exports supported by robust global demand.
Tighter Korean monetary policy can modestly support the won, but the effect on feed commodity prices is limited.
en.yna.co.krJan 14, 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.
