# [News Focus] Weak Korean currency adds uncertainty over economy - The Korea Herald

> 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.

- Date: 2021-03-14 · published 2021-03-14T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/48349-news-focus-weak-korean-currency-adds-uncertainty-over-economy-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- koreaherald.com: https://www.koreaherald.com/article/2574046

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