# South Korean currency weakens as unconfirmed report indicates that North Korea's Kim Jong Un is seriously ill

> The Korean won fell to 1,229.59 per dollar after an unconfirmed CNN report said Kim Jong Un was in grave danger after surgery, with an intraday low of 1,241.15. Markets reacted to conflicting reports about his health.

- Date: 2020-04-21 · published 2020-04-21T12:00:00.000Z
- Category: geopolitics · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/53888-south-korean-currency-weakens-as-unconfirmed-report-indicates-that-north-korea
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Geopolitical uncertainty around North Korea triggered a short-term selloff in the won. The move is a sentiment shock and has no lasting bearing on feed commodity supply or demand.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/amp/2020/04/21/south-korean-won-tumbles-as-unconfirmed-report-says-kim-jong-un-is-seriously-ill.html

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