# Korean won rally raises alarm for Korean exporters - 매일경제 영문뉴스 펄스(Pulse)

> 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.

- Date: 2020-12-04 · published 2020-12-04T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/49892-korean-won-rally-raises-alarm-for-korean-exporters-pulse
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- pulse.mk.co.kr: https://pulse.mk.co.kr/news/english/9638294

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