# Falling won

> The won closed at 1,160.5 against the dollar on Thursday, up 9.6 won on the day but near its lowest level in almost two years. The article is a short news photo caption.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/59824-falling-won
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

The won's weakness raises the cost of dollar-denominated feed imports for Korean buyers. The move is a currency fluctuation, so its effect on feed prices is limited.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- koreajoongangdaily.com: https://www.koreajoongangdaily.com/business/falling-won/11895349

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