Loading…
A National Assembly Budget Office report found that the won's real appreciation since 2015 has lowered import prices and supported investment and consumption. The Bank for International Settlements' real effective exchange rate index stood at 123.2 at the end of January 2018, above the level that signals overvaluation.
This is a retrospective economic assessment with no new shock to feed supply or demand, so it has little direct bearing on feed commodity prices.
koreaherald.comYonhapApr 6, 2018Not 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.
