# Won Keeps Rising Despite N.Korean Missile Launch

> The South Korean won closed at 1,076.8 per dollar, its strongest level in about two years and seven months. The currency has gained 73 won against the dollar since late September despite a North Korean missile launch.

- Date: 2017-11-30 · published 2017-11-30T12:00:00.000Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/68211-won-keeps-rising-despite-n-korean-missile-launch
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A stronger won lowers USD/KRW, which trims the Korean cost of imported feed grains and meal, though the move is mainly currency-driven.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- chosun.com: https://www.chosun.com/english/industry-en/2017/11/30/Q37Z4RLZKM7KIXLEE6HZZ6CGFM/?related_all=

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