# Weakening won poses new risks to Korean economy - The Korea Herald

> The won fell to an eight-month low of 1,124.2 per dollar on June 28, 2018 and lost 5.1 percent over 14 trading days. Analysts say the pace of depreciation is a concern for an export-dependent economy already weighed down by weaker investment and consumption.

- Date: 2018-07-02 · published 2018-07-02T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/64263-weakening-won-poses-new-risks-to-korean-economy-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A sharp won decline is a currency-level factor with no direct effect on feed commodity supply or demand.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- koreaherald.com: https://www.koreaherald.com/article/1715377

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