# Goldman Sees Stocks Rotation Hurting Won, Taiwan Dollar, Ringgit - Bloomberg

> Goldman Sachs warned that the South Korean won, Malaysian ringgit and Taiwan dollar could weaken if growth stocks continue to slide. The bank linked the risk to weaker tech-centric emerging-market currencies during periods of poor risk sentiment.

- Date: 2022-01-12 · published 2022-01-12T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/43401-goldman-sees-stocks-rotation-hurting-won-taiwan-dollar-ringgit-bloomberg
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Weaker Asian currencies would raise local import costs for feed ingredients, while the note is a forecast on currencies rather than a direct supply or demand change.

## Read by commodity

- USDKRW: bullish ▲
- USDMYR: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-01-12/goldman-sees-stocks-rotation-hurting-won-taiwan-dollar-ringgit

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