# Korean Won - US Dollar Weekly FX Rate Forecast

> Hana Bank's weekly forecast puts the won-dollar rate in a 1,125 to 1,135 range for the coming week. The won closed the prior week near 1,120 after the Fed signaled possible tapering. The outlook depends on the Fed policy meeting and the US PCE inflation index.

- Date: 2021-05-26 · published 2021-05-26T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/47319-korean-won-us-dollar-weekly-fx-rate-forecast
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A narrow expected range for the won implies little change in local dollar costs for Korean feed importers this week. Currency moves of this size have minimal direct effect on US-priced feed commodities.

## Read by commodity

- USDKRW: neutral

## Sources

- hapskorea.com: https://www.hapskorea.com/korean-won-us-dollar-weekly-fx-rate-forecast-46-2/

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