The won-dollar exchange rate in Seoul surged to a five-year high amid fears of a China-U.S. trade war and political instability in South Korea, prompting emergency measures from th...
South Korea's foreign exchange reserves unexpectedly increased to $409.66 billion in March, despite global market volatility. Factors include higher dollar deposits and a weaker U....
South Korea's consumer prices have risen above 2% for the third consecutive month, driven by increases in processed food prices and university tuition fees. The Bank of Korea antic...
Morgan Stanley predicts the Bank of Korea will cut interest rates three more times in 2023 to combat economic growth pressures, adjusting its forecast for South Korea's growth rate...
South Korea's knowledge services trade deficit narrowed to $7.26 billion in 2024, a 43% reduction from 2010, with significant growth in exports and a positive shift in trade dynami...
South Korea's loan growth hits a record low since 2008, influenced by global and domestic uncertainties. The annual loan growth rate dropped to 3.8%, with significant impacts on va...
South Korea's foreign exchange reserves have fallen to $409.21 billion, marking a 4-year, 9-month low. This decline is primarily due to expanded foreign exchange swap agreements wi...
The Bank of Korea forecasts a 0.2% growth in South Korea's real GDP for Q1, amidst economic challenges and government efforts to stimulate demand. Insights into recent data and fut...
Morgan Stanley and J.P. Morgan have revised South Korea's economic growth forecasts downwards, citing export downturns and global uncertainties. The Bank of Korea's rate cuts and p...
South Korea's GDP growth slowed to 1.2% in Q4 2024, marking the slowest expansion since Q2 2023. Despite a minimal quarterly increase and missing estimates, the full-year growth im...
Following President Trump's inauguration, corporate foreign currency deposits surged by over $3.1 billion, driven by market uncertainties. The Bank of Korea reports a significant r...
The Bank of Korea has revised its 2025 GDP growth forecast downward to 1.6-1.7%, citing political uncertainty and government budget cuts as key factors. Efforts to stabilize econom...
Asia-Pacific markets saw a positive trend following the release of US inflation data, with equities rising across the region. Japan's producer prices and Australia's unemployment r...
The domestic stock market's volatility has led to an 18-month streak of increasing money supply, with the broad money supply (M2) reaching 4,143 trillion won in November. This grow...
South Korean individual investors set a new record by net purchasing bonds worth over 40 trillion won last year, driven by the Bank of Korea's interest rate cuts and the country's ...
The South Korean government's borrowing from the Bank of Korea hit a record high of 173 trillion won in 2024, with interest payments exceeding 200 billion won. This marks a signifi...
The Korean won-U.S. dollar exchange rate has surged to nearly 1,500 won, the highest since the global financial crisis, with the fourth-quarter average reaching 1,398.75 won. This ...
Consumer sentiment in December has deteriorated to its steepest level since the global financial crisis, with the Composite Consumer Sentiment Index (CCSI) for December falling sha...
Despite South Korea's per capita GNI increasing 540-fold over 70 years, citizens' perceived income levels have deteriorated. The ratio of PGDI to per capita GNI has declined to an ...
South Korea's central bank governor reports normal function in the forex market despite a recent martial law declaration, with the won trading slightly better against the dollar.
South Korea's money supply continued to grow in October, marking the 17th consecutive month of increase. Driven by banks' deposit attraction efforts and corporate fund reinflow, th...
South Korea's import price index rises for the second consecutive month due to a surge in the won-dollar exchange rate, despite a drop in international oil prices. The Bank of Kore...
Bank of Korea Governor Rhee Chang-yong states that the Korean won is unlikely to stabilize soon due to the ongoing political crisis. Financial authorities pledge to mobilize resour...
Government bond yields in Korea plummeted across all maturities last month, influenced by rate cuts from the U.S. Federal Open Market Committee and the Bank of Korea. The decline i...
South Korea's current account surplus reached $9.78 billion in October, driven by strong exports of semiconductors and automobiles. This marks the sixth consecutive month of surplu...
South Korea's economy grew by 0.1% in Q3, according to the Bank of Korea. This modest growth reflects various sectoral challenges, with decreases in exports and construction invest...
South Korea's foreign exchange reserves have decreased for two consecutive months due to the strength of the U.S. dollar. According to data released by the Bank of Korea (BOK) on D...
This article analyzes the financial market impact of political unrest in Korea, comparing it to the 2016 impeachment of former President Park Geun-hye. It discusses the measures ta...
South Korea's manufacturing sentiment has hit a 13-month low, driven by uncertainty surrounding exports following the U.S. presidential election. The Composite Business Sentiment I...
Kim Woong, deputy governor of the Bank of Korea, predicts inflationary pressure due to high exchange rates will emerge starting in December. This prediction comes as the Consumer P...
The balance of foreign currency securities investments by Korean institutional investors surged by $21.96 billion in the third quarter, reaching $427.41 billion, compared to $405.4...
Despite the Bank of Korea's base rate cut and Korea's inclusion in the World Government Bond Index, domestic government bond yields rose last month due to expectations for fiscal e...
