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The won hit a 30-month high of 1,097 per dollar on December 3 and is expected to strengthen further in 2021. Analysts warn this poses a business risk to Korean exporters, while foreign investors bought Korean semiconductor stocks.
A persistently strong won lowers the local cost of imported feed grains and meal, but it erodes export margins that bear on Korean demand for feed-linked industries.
pulse.mk.co.krDec 4, 2020Not 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.
