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The South Korean won weakened sharply against the U.S. dollar on Monday, Nov. 2, to 1,343.8 won per dollar at 3:30 p.m., down 9.5 won from the prior session.
Dealers attributed the move to institutional traders locking in gains after the won's recent advance, and foreign investors sold a net 374 billion won of local shares.
A weaker won raises the local-currency cost of dollar-priced feed imports for Korean buyers, so the move makes US-origin feed slightly more expensive in won terms. The effect on global grain prices is minimal.
en.yna.co.krDeok-Hyun KimNov 2, 2026
koreaherald.comYonhapNov 2, 2026Not 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.
