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The won weakened on November 2 even as South Korean exports surged, with USD/KRW rising 0.71% to 1,343.09. Bank of America said the AI export boom will affect Korea and Taiwan unevenly and could support further rate hikes.
Rate hikes and a stronger export-led economy would tend to keep the won supported over time, which affects the cost of imported feed inputs for Korean buyers. The near-term effect on feed prices is limited.
exchangerates.org.ukDave TaylorNov 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.
