S. Korea faces economic slowdown – BOK
South Korea's economic growth rate is expected to drop to two per cent and could fall below one per cent by the…
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Bank of Korea
S. Korea to maintain 2% inflation target – BOK’s governor
South Korea's central bank will keep its two per cent inflation target until the next policy review, as low…
BOK governor: dollar-won exchange rate rises post-martial law attempt
Bank of Korea (BOK) Governor Rhee Chang Yong stated on Tuesday that the dollar-won exchange rate had increased…
BOK floods market with liquidity amid political turmoil
The Bank of Korea (BOK) has significantly increased its liquidity injections into the financial market to stabilise…
S. Korean won weakens sharply, outpaces global peers in weekly decline
The South Korean won emerged as the weakest-performing currency among major peers last week, as President Yoon Suk…
BOK Chief: Trump’s trade policies pose greater risk to S.Korea than marital law fiasco
South Korea faces greater economic risks from US President-elect Donald Trump’s trade policies than from its own…
S. Korea’s foreign reserves rise in Nov. ’24
South Korea's foreign reserves stood at $415.4 billion as of the end of November 2024, a slight increase compared…
BOK governor plays down impact of political turmoil on economy
Bank of Korea Governor Rhee Chang-yong said that it is improbable for the central bank to cut interest rates, as he…
S. Korea’s c. bank moves to stabilise financial, FX markets
The Bank of Korea (BOK) will provide liquidity to stabilise financial and foreign exchange markets through…
Bank of Korea cuts interest rates to stimulate economy
The Bank of Korea (BOK) lowered its benchmark interest rate by 25 basis points from 3.25 per cent to 3.00 per cent…
