# Is won on course toward 3-digit level? - The Korea Times

> 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.

- Date: 2018-01-15 · published 2018-01-15T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/67219-is-won-on-course-toward-3-digit-level-the-korea-times
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- koreatimes.co.kr: https://www.koreatimes.co.kr/economy/20180115/is-won-on-course-toward-3-digit-level

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