Loading…
The won weakened sharply after the U.S. midterm elections, with the dollar-won rate closing at 1,356.6 on Nov. 6 after reaching 1,365 intraday.
AI-related market anxiety, foreign stock selling and expectations for U.S. inflation and interest rates were cited as potential upward pressures, while exporters’ dollar sales could limit further gains.
A weaker won raises the local-currency cost of imported feed and agricultural commodities, while potentially improving export competitiveness. The article points to continued near-term upward pressure on the dollar-won exchange rate, partly capped by exporter dollar sales.
edaily.co.krNov 7, 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.
