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Analysts expect the Korean won to keep strengthening against the dollar in 2018, possibly approaching 1,000 per dollar by year-end. The won has been driven by dollar weakness, robust exports, easing Korean peninsula tensions and Bank of Korea tightening.
A stronger won would raise the effective cost of exports from Korea and shift import purchasing power. It is a currency-driven story with little direct effect on feed commodity prices.
koreatimes.co.krJan 15, 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.
