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The won fell more than 1% on Thursday after the central bank governor flagged job market concerns following the rate hike. Most other Asian currencies except the Chinese yuan also weakened ahead of economic data releases.
A weaker won pushes USD/KRW higher, raising the Korean cost of dollar-priced feed imports in the near term.
bworldonline.comJino NicolasNov 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.
