Loading…
South Korea agreed with China to extend its $56 billion currency swap line for three years, a move seen as easing diplomatic tensions. The won rose to a three-week high at 1,129.6 per dollar after the announcement.
The swap extension strengthens the won modestly and reduces near-term currency stress, with minimal direct impact on feed grain or meal prices.
reuters.comCynthia KimOct 13, 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.
