Loading…
Bloomberg reported that the Korean won has been the most volatile of Asian emerging-market currencies over the past year. The won has also risen 5.3% against the dollar year to date, making it the strongest in the region.
The article is a routine currency market comparison.
Strong moves in the won affect the local cost of imported feed ingredients for Korean livestock and poultry producers. This is routine market commentary with no new driver.
bloomberg.comYumi Teso, Lilian KarununganFeb 19, 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.
