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Citi forecasts the won will strengthen to 1,300 per dollar over the next three months and to around 1,270 within six to 12 months. The view rests on exporters converting record overseas earnings into won, which outweighs expected dividend outflows to foreign investors.
A stronger won over the coming year would lower the won cost of dollar-priced grain, oilseed and energy imports for Korean buyers. The forecast suggests sustained dollar selling by exporters.
Not 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.