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South Korea's foreign currency deposits fell by 3.67 billion dollars to 74.87 billion at the end of November as companies withdrew dollar funds to sell the greenback. The won/dollar rate settled at 1,181.2 per dollar, up from 1,163.4 a month earlier.
A stronger dollar against the won raises the local cost of imported feed grains and meal, though this central bank data release has little direct effect on commodity prices.
xinhuanet.comDec 19, 2019Not 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.
