# Korea needs proper response to currency fluctuations - The Korea Herald

> 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.

- Date: 2018-02-19 · published 2018-02-19T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/66722-korea-needs-proper-response-to-currency-fluctuations-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- koreaherald.com: https://www.koreaherald.com/article/1592839

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