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The Korean won has weakened about 5 percent since early January, reaching 1,136.5 per dollar on March 12. Analysts warned that a weak won raises import costs for manufacturers, and some expected policymakers to intervene.
A cheaper won raises the local-currency cost of imported raw materials, including feed ingredients, while the dollar strength weighs on dollar-denominated commodity prices.
koreaherald.comKim Yon-seMar 14, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
