# Korea's won expected to remain steady despite US policy tightening - The Korea Herald

> Analysts said the won is likely to stay steady despite the Federal Reserve's 25 basis point rate hike, with the currency up 6.9 percent against the dollar so far this year. Foreign investment into Korean equities may continue if the won stays strong, though analysts flagged dollar risks if the Fed hikes again in September and starts shrinking its balance sheet.

- Date: 2017-06-16 · published 2017-06-16T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/70745-korea-s-won-expected-to-remain-steady-despite-us-policy-tightening-the-korea
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Expectations of a stable or stronger won keep South Korean dollar-denominated feed import costs contained, while a renewed dollar rally after further Fed tightening would raise them.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- koreaherald.com: https://www.koreaherald.com/article/1361830

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