# S.Korean stocks fall after c.bank rate hike; most others retreat | Financial Post

> South Korean stocks and the won fell after the Bank of Korea raised its policy rate, while most other regional equity markets pulled back. Investors were awaiting Fed Chair Powell's speech for clues on US stimulus tapering.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/45819-s-korean-stocks-fall-after-c-bank-rate-hike-most-others-retreat-financial-post
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Regional tightening and risk-off moves in equities have limited direct impact on feed commodity prices. The story mainly reflects rate expectations that can shift currency values against the dollar.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/s-korean-stocks-fall-after-c-bank-rate-hike-most-others-retreat

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