Loading…
The Korean won closed at 1,208 per dollar on January 9, a one-day depreciation of 15.3 won, its sharpest in five months. The move followed fears of US-China trade conflict and a stronger dollar outlook.
A weaker won raises the local cost of dollar-denominated feed imports such as corn and soymeal, tightening margins for Korean buyers.
koreajoongangdaily.comJan 9, 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.
