# Rise in value of Korean won contributes to investment, consumption: report - The Korea Herald

> 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.

- Date: 2018-04-06 · published 2018-04-06T12:00:00.000Z
- Category: report · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/65751-rise-in-value-of-korean-won-contributes-to-investment-consumption-report-the
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Sources

- koreaherald.com: https://www.koreaherald.com/article/1636888

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