# Asian stocks fall on dollar strength, Bank of Korea hikes rates | Reuters

> Equities in South Korea fell after the central bank raised interest rates and upgraded its 2022 inflation forecast. The move reinforced expectations for further policy tightening, with rates tipped to reach 1.50% by the end of the cycle. The story was reported amid a stronger US dollar.

- Date: 2021-11-25 · published 2021-11-25T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/44286-asian-stocks-fall-on-dollar-strength-bank-of-korea-hikes-rates-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Regional tightening and a strong dollar tend to pressure emerging-market currencies and raise import costs for Asian feed buyers. The effect on agricultural commodity prices is indirect.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-06-23 | [Stocks fall, dollar up as investors weigh more rate hikes \| Reuters](https://feedsoft.ai/events/35674-stocks-fall-dollar-up-as-investors-weigh-more-rate-hikes-reuters.md) | +0.6% | -0.7% |
| DXY | 2025-10-29 | [Stocks fall, US dollar strengthens after Powell puts chill on December rate cut \| Reuters](https://feedsoft.ai/events/22612-stocks-fall-us-dollar-strengthens-after-powell-puts-chill-on-december-rate-cut.md) | +1.0% | +0.5% |
| DXY | 2024-09-20 | [Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes \| Reuters](https://feedsoft.ai/events/28541-dollar-strengthens-versus-yen-as-boj-strikes-cautious-stance-on-rate-hikes.md) | -0.2% | +2.2% |
| DXY | 2024-08-30 | [Sterling steady but heads for weekly fall on dollar strength \| Reuters](https://feedsoft.ai/events/29065-sterling-steady-but-heads-for-weekly-fall-on-dollar-strength-reuters.md) | +0.2% | -0.9% |
| DXY | 2021-10-07 | [Dollar strength holds back Asian FX; rupee bears re-emerge \| Reuters](https://feedsoft.ai/events/44860-dollar-strength-holds-back-asian-fx-rupee-bears-re-emerge-reuters.md) | -0.4% | -0.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/stocks/asian-stocks-fall-dollar-strength-bank-korea-hikes-rates-2021-11-25/

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