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South Korea's deputy finance minister Song In-chang said Seoul may tolerate bigger two-way moves in the won as volatility rises under President Trump. He said the 1% daily move once seen as large should no longer be treated that way.
The government said it will still intervene to smooth extreme one-sided moves.
A looser intervention stance could allow larger swings in the won, which changes the cost of dollar-priced feed imports for Korean buyers. Currency volatility can shift import costs for feed ingredients.
asiatimes.comReutersFeb 1, 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.
