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The South Korean won recovered from a two-month low against the dollar, quoted at 1,140.8 per dollar, as declining global dollar demand and steady dollar sales by local exporters supported it. The KOSPI rose 0.2 percent to 2,361.88 points, with SK Hynix hitting a record high after joining a Japan-led bid for Toshiba's memory business.
A firmer won lowers the local-currency cost of dollar-priced feed imports for South Korean buyers, a modest and short-lived effect on feed procurement costs.
customstoday.mediaCT ReportJun 22, 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.
