# Korean Won May 9, 2017 - Business Insider

> The Korean won closed down 0.7% at 1139.24 per dollar on May 9 as South Koreans voted in the presidential election. Liberal candidate Moon Jae-in was expected to win.

- Date: 2017-05-09 · published 2017-05-09T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/71225-korean-won-may-9-2017-business-insider
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won modestly raises the local-currency cost of imported feed ingredients for South Korean buyers, though the move is a routine election-day market reaction.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- businessinsider.com: https://www.businessinsider.com/korean-won-may-9-2017-2017-5

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