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...
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 Korean exporters have faced significant financial losses due to the sharp depreciation of the won, with over 1 trillion won lost from foreign exchange hedge contracts last ye...
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...
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 ...
