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Calls are growing for measures to stabilize the won, which has depreciated as US rate-hike expectations hit Korean markets. Foreign investors sold over 1.6 trillion won of shares in early February, and geopolitical tension on the peninsula is a risk after the PyeongChang Olympics.
Currency volatility and possible capital outflows increase the cost of dollar-priced feed imports for Korean buyers, and a weaker won tends to raise the local price of imported grain and meal.
koreaherald.comKim Kyung-hoFeb 19, 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.
