# Companies fear uncertainty and weak greenback

> Korean exporters are worried about the won's appreciation and the weak dollar, with 62.3% of surveyed SMEs reporting lower profitability. The dollar index fell to 90.76 on December 7, down nearly 6% since early November.

- Date: 2020-12-07 · published 2020-12-07T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/49894-companies-fear-uncertainty-and-weak-greenback
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Exporter stress and currency swings are a macro backdrop for Korean industrial demand, and a weaker dollar generally supports USD-priced grain and meal.

## Read by commodity

- DXY: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-08-26 | [Canadian Dollar gains ground on Greenback weakness](https://feedsoft.ai/events/23557-canadian-dollar-gains-ground-on-greenback-weakness.md) | +0.2% | -0.7% |
| DXY | 2023-07-27 | [Greenback weakens and it could get worse after Fed signals - InvestmentNews](https://feedsoft.ai/events/35221-greenback-weakens-and-it-could-get-worse-after-fed-signals-investmentnews.md) | +1.2% | +1.9% |
| DXY | 2025-09-30 | [AUD/USD Gains on Uncertainty as US Dollar Slips on Shutdown Fears \| Investing.com](https://feedsoft.ai/events/23137-aud-usd-gains-on-uncertainty-as-us-dollar-slips-on-shutdown-fears-investing-com.md) | +0.1% | +0.4% |
| DXY | 2025-06-26 | [Canadian Dollar gains ground on Thursday as Greenback weakens](https://feedsoft.ai/events/24457-canadian-dollar-gains-ground-on-thursday-as-greenback-weakens.md) | -0.9% | -0.6% |
| DXY | 2025-05-26 | [Value of Korean won surges to seven-month high as greenback slides amid uncertainty, instability](https://feedsoft.ai/events/24925-value-of-korean-won-surges-to-seven-month-high-as-greenback-slides-amid.md) | -0.2% | -0.8% |

## Sources

- koreajoongangdaily.com: https://www.koreajoongangdaily.com/business/companies-fear-uncertainty-and-weak-greenback/11139667

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