# Korean Won, Asia's Worst Currency, to Further Weaken: Deutsche - Bloomberg

> Deutsche Bank's Choi Kyungjin said the Korean won, Asia's worst performer this year, may fall to 1,200 per dollar as growth concerns and disappointment over the size of a supplementary budget weigh on confidence. The article is dated May 2, 2019.

- Date: 2019-05-02 · published 2019-05-02T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/59315-korean-won-asia-s-worst-currency-to-further-weaken-deutsche-bloomberg
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won raises the local cost of imported feed ingredients for Korea, though the effect on global grain prices is limited.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-05-02/asia-s-worst-currency-to-see-more-weakness-deutsche-bank-says

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