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...
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 decided to keep its benchmark interest rate unchanged at 3%, contrary to market expectations. This decision reflects the central bank's cautious stance amid c...
The Bank of Korea faces a challenging decision on its base rate amidst rising exchange rates and strong U.S. employment data, sparking intense debate within the securities industry...
Bank of Korea Governor Rhee Chang-yong criticizes Cabinet members for opposing the appointments of Constitutional Court judges, emphasizing the need for economic policy independenc...
The Bank of Korea forecasts the strong dollar trend to continue into early next year, driven by economic factors and policies, including the Trump administration's impact on inflat...
The Bank of Korea plans to reduce the base interest rate in 2025 to alleviate economic slowdown pressures, emphasizing financial market stability and continuing lending system refo...
Bank of Korea Governor Rhee Chang-yong reassures on the adequacy of Korea's foreign exchange reserves, aligning with IMF's qualitative assessment. He also discusses the impact of p...
South Korea's CDS premium and government bond yield rise amidst political turmoil, reflecting economic anxiety. The Bank of Korea's rate cut proves ineffective, and soaring U.S. Tr...
The Bank of Korea reported a 0.6% increase in the domestic supply price index for November, the largest in seven months, due to higher exchange rates and electricity rate hikes. Th...
The Bank of Korea announces readiness to stabilize markets as the won-dollar exchange rate surpasses 1,450 won due to the U.S. Federal Reserve's adjustment in the pace of interest ...
The Bank of Korea maintains its 2% inflation target, predicting no 'low-inflation' era in the next two years due to economic growth and price pressures. The central bank also lower...
The Bank of Korea's Q3 report shows a slowdown in sales growth but a significant improvement in corporate profitability. Manufacturing sectors like machinery and electronics saw a ...
South Korea's monetary policy board members called for swift and preemptive actions to address the slowing economy, voting for back-to-back rate cuts and emphasizing the need for p...
The Bank of Korea warns that the current external environment is worse than during previous impeachments, potentially amplifying economic fallout. The BOK calls for bipartisan coop...
The Bank of Korea has purchased 14 trillion won in repurchase agreements since martial law declaration to stabilize markets. Authorities are closely monitoring conditions and incre...
Recent political events in Korea, including impeachment motions, have raised concerns about their impact on the market. The Bank of Korea faces increased pressure to stimulate the ...
Bank of Korea Governor Rhee Chang-yong says it's challenging for the dollar-won exchange rate to return to past levels, amid market uncertainties and political turbulence affecting...
Bank of Korea Governor Rhee Chang-yong dismissed the possibility of further rate cuts on Dec. 4, stating that there is no reason to change the economic outlook due to the martial l...
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 ...
