# Most Asian currencies drop - BusinessWorld Online

> 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.

- Date: 2017-11-30 · published 2017-11-30T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/68216-most-asian-currencies-drop-businessworld-online
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won pushes USD/KRW higher, raising the Korean cost of dollar-priced feed imports in the near term.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- bworldonline.com: https://bworldonline.com/banking-finance/2017/12/01/85143/asian-currencies-drop/

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