# FxWirePro: South Korean won gains despite lower than expected manufacturing BSI index | EconoTimes

> Korea's foreign exchange market stabilized in February, with won-dollar volatility falling to 0.39 percent from 0.6 percent in January. The won appreciated 2.8 percent in February on Trump's caution about a strong dollar.

- Date: 2017-03-29 · published 2017-03-29T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/72247-fxwirepro-south-korean-won-gains-despite-lower-than-expected-manufacturing-bsi
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Lower currency volatility reduces hedging costs for Korean feed importers, though the Bank of Korea flagged possible Fed-driven volatility in March. Direct grain price impact is minimal.

## Read by commodity

- USDKRW: neutral

## Sources

- econotimes.com: https://econotimes.com/FxWirePro-South-Korean-won-gains-despite-lower-than-expected-manufacturing-BSI-index-614265

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