# Won Forecast to Stay Strong Against Dollar | Be Korea-savvy

> Analysts expect the South Korean won to strengthen further against the dollar, possibly rising above 1,100 per dollar in April. The outlook cites the Fed's gradual rate-hike stance, US currency manipulator concerns, and foreign stock buying.

- Date: 2017-03-29 · published 2017-03-29T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/72244-won-forecast-to-stay-strong-against-dollar-be-korea-savvy
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A stronger won lowers Korean import costs for dollar-priced feed ingredients, a modest supportive factor for feed buyers' purchasing power. The effect on grain prices is small.

## Read by commodity

- USDKRW: bearish ▼

## Sources

- koreabizwire.com: http://koreabizwire.com/won-forecast-to-stay-strong-against-dollar/79090

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