# Jawboning the Won: Decoding Comments by Korean Policy Makers - Bloomberg

> South Korean policy makers have increased their commentary on the foreign exchange market as the won trades near multi-year highs. The won gained 13 percent against the dollar in 2017, and analysts say officials are now speaking more restrainedly and intervening less on a large scale.

- Date: 2018-01-11 · published 2018-01-11T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/67217-jawboning-the-won-decoding-comments-by-korean-policy-makers-bloomberg
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Verbal intervention rather than heavy market action suggests the won may keep firming, which affects Korean purchasing power for imported feed inputs. The effect on global feed prices is small.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2018-01-11/jawboning-the-won-decoding-comments-by-korean-policy-makers

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