# Weaker won compounds South Korea's growing economic woes - Nikkei Asia

> The won fell to its lowest level in about two and a half years as investors worried about South Korea's export-dependent economy. The escalating US-China trade dispute is fueling anxiety about the nation's growth.

- Date: 2019-06-03 · published 2019-06-03T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/58827-weaker-won-compounds-south-korea-s-growing-economic-woes-nikkei-asia
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won and slowing export-driven demand from Korea signal reduced purchasing power for imported feed inputs, a mild bearish factor for feed demand.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- asia.nikkei.com: https://asia.nikkei.com/economy/weaker-won-compounds-south-korea-s-growing-economic-woes

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