# BOK sells net $103m in market smoothing operations in Q1 - The Korea Herald

> The Bank of Korea said it sold a net $103 million in the first quarter of 2021 in market smoothing operations to ease won volatility. The won had weakened to 1,131.8 per dollar at the end of March from 1,086.3 at the end of 2020.

- Date: 2021-06-30 · published 2021-06-30T12:00:00.000Z
- Category: report · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/46828-bok-sells-net-103m-in-market-smoothing-operations-in-q1-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

This is a routine central bank data release with limited direct effect on feed commodity prices. It confirms modest currency pressure on Korean feed importers.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- koreaherald.com: https://www.koreaherald.com/article/2643631

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