IMF advises BOK to maintain gradual policy normalisation
The Bank of Korea (BOK) should continue to normalise monetary policy gradually due to high uncertainty.
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Bank of Korea
S. Korea’s household debt hits record high in Q3
South Korea's total household credits outstanding rose by 18.0 trillion won in the third quarter of 2024, reaching…
S. Korea’s foreign currency deposits see $5.1b drop in Oct.
South Korea's foreign currency deposits decreased to $98.97 billion in October 2024, down by $5.1 billion from the…
S. Korea’s foreign reserves hit $415.7b in Oct. ’24
South Korea's foreign reserves hit $415.7 billion by October 2024, with securities making up 89.8 per cent of the…
S. Korea’s economy grows slightly in Q3 – BOK
South Korea's real gross domestic product (GDP) grew by a marginal 0.1 per cent in the third quarter of 2024…
S. Korea’s foreign currency deposits hit record in Sep. ’24
South Korea’s foreign currency deposits increased $3.66 billion in September 2024 to a new high of $104.07 billion.
S. Korea’s export, import prices fall in Sep. ’24
South Korea's export price index (KRW basis) decreased by 2.3 per cent in September compared to the previous month.
S. Korea’s financial account posts $4.93b surplus in August ’24
South Korea's financial account recorded a net increase of $4.93 billion in August 2024, primarily driven by growth…
S. Korea’s non-financial sector assets increase in Q2
South Korea domestic non-financial sector's total financial assets reached 12,123.7 trillion won in the second…
S. Korea’s foreign reserves reach $420b in Sep. ’24 – BOK
South Korea's official foreign reserves reached $420.0 billion at the end of September 2024, the Bank of Korea…
