# S.Korean currency's volatility expands in Q1 - Xinhua | English.news.cn

> Bank of Korea data showed won-dollar volatility widened in the first quarter of 2017. The won averaged 1,152.6 per dollar, down 6.0 won from the prior quarter.

- Date: 2017-04-20 · published 2017-04-20T12:00:00.000Z
- Category: report · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/71718-s-korean-currency-s-volatility-expands-in-q1-xinhua-english-news-cn
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Currency swings in the won affect the cost of Korean feed imports, but this quarterly data release changes little in near-term price terms.

## Read by commodity

- USDKRW: neutral

## Sources

- xinhuanet.com: http://www.xinhuanet.com/english/2017-04/20/c_136223282.htm

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