base rate News

Bank of Korea Holds Steady: Base Rate Remains at 2.75% Amid Global Uncertainties

The Bank of Korea maintains its base rate at 2.75% amidst global trade tensions and exchange rate volatility, signaling cautious economic stewardship. Market watchers had anticipat...

Bank of Korea Holds Interest Rates Steady at 3% Amid High Exchange Rate Concerns

The Bank of Korea has decided to keep the base rate unchanged at 3% due to concerns over a high exchange rate. Governor Rhee Chang-yong discussed the impacts of a strong U.S. dolla...

South Korea's Central Bank Holds Steady: Base Rate Frozen at 3% Amid Global Economic Shifts

The Bank of Korea has decided to freeze the base rate at 3% amidst economic uncertainties, including exchange rate volatility and political instability. Additionally, it has expand...