Loading…
A Korea Capital Market Institute analyst said capital outflow from South Korea is unlikely even if the interest rate gap with the US reverses, since the won is expected to stay strong. The Fed raised its key rate to 1 to 1.25 percent, while the Bank of Korea has held at a record low 1.25 percent and few expect a hike this year.
Limited expected outflows and a firm won point to stable currency conditions, which keeps the cost of dollar-priced feed imports steady for South Korean buyers.
en.yna.co.krDeok-Hyun KimJun 20, 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.
