# South Korea may raise currency volatility tolerance post Trump - Asia Times

> 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.

- Date: 2017-02-01 · published 2017-02-01T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/72747-south-korea-may-raise-currency-volatility-tolerance-post-trump-asia-times
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Read by commodity

- USDKRW: neutral

## Sources

- asiatimes.com: https://asiatimes.com/2017/02/south-korea-may-raise-currency-volatility-tolerance-post-trump/

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