
South Korea’s September current-account surplus reached a record, but residents’ overseas direct and securities investments rose, while foreign investors withdrew heavily from domestic securities, especially equities. The article says these investment flows may offset some of the won-supportive effect of export-related dollar earnings by generating demand for dollars.
Overseas investment and foreign portfolio withdrawals can absorb export-generated dollar supply and keep USD/KRW elevated, limiting potential won appreciation. That can increase the local-currency cost of dollar-priced feed imports in South Korea.
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.