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South Korea's won volatility against the dollar averaged 0.65% daily in 2016, the highest since 2010, according to the Bank of Korea. The won ended 2016 at 1,207.7 per dollar, a 2.9% depreciation over the year.
Higher currency volatility raises hedging costs and makes dollar-priced feed purchases riskier for Korean importers.
daijiworld.comJan 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.
