
The dollar rose to 1,356.3 won by 10:30 a.m. in Seoul on November 6, up 14.2 won from the previous session’s close; it had reached 1,358.3 earlier. A U.S. technology-stock sell-off and foreign investors’ share sales in South Korea pressured the won, while exporters’ dollar sales were expected to limit the exchange rate’s rise.
Won weakness increases the local-currency cost of imported feed and agricultural commodities in South Korea. Exporters’ dollar selling may limit the currency’s decline and moderate that cost pressure.
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.