# 2017 sees volatile start for won

> 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.

- Date: 2017-01-09 · published 2017-01-09T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/73227-2017-sees-volatile-start-for-won
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won raises the local cost of dollar-denominated feed imports such as corn and soymeal, tightening margins for Korean buyers.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- koreajoongangdaily.com: https://www.koreajoongangdaily.com/business/2017-sees-volatile-start-for-won/10783579

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