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The Bank of Korea raised its benchmark rate to 1.50% from a record-low 1.25%, ending a five-year easing cycle. The move reflects a sustained export boom and improving economic growth.
A tighter Korean policy rate supports the won, which lowers USD/KRW and makes dollar-priced imports such as feed ingredients cheaper for Korean buyers.
reuters.comCynthia KimNov 30, 2017Not 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.
