Loading…

The won weakened 14.5 against the U.S. dollar on November 6, and USD/KRW closed at 1,356.6. The pair recorded its third consecutive daily gain but remained near the lower end of its stated yearly range.
The weaker won increases the local-currency cost of dollar-priced imports, including feed ingredients, for South Korean buyers. The report describes the exchange-rate move without presenting a new underlying supply or demand catalyst.
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.