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exchange rate volatility News

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

Emily Rodriguez 16 Jan, 2025

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...

Economy

BOK Cuts Interest Rate Again to Boost Economy Amid Global Uncertainty

Christopher Adams 09 Dec, 2024

The Bank of Korea has lowered its base interest rate by 0.25 percentage points to 3% for the second consecutive month, aiming to stimulate economic growth amid global and domestic ...