# Will strong won attract return of foreign investors? - The Korea Times

> The won strengthened to around 1,158 per dollar on a Monday close, the first time since January it fell below 1,160, before easing slightly to 1,165 on Tuesday. Analysts attribute the gain to a weaker dollar, sound Korean fundamentals and yuan appreciation.

- Date: 2020-09-22 · published 2020-09-22T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/51324-will-strong-won-attract-return-of-foreign-investors-the-korea-times
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A firmer won lowers the cost of dollar-priced grain and meal imports for Korea, a modest positive for feed importers' costs.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- koreatimes.co.kr: https://www.koreatimes.co.kr/economy/20200922/will-strong-won-attract-return-of-foreign-investors

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