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…
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Bank of Korea (BOK)
BOK to hold rates at 3.25%
The Bank of Korea (BOK) is expected to maintain its key policy rate at 3.25 per cent this week to support the…
IMF advises BOK to maintain gradual policy normalisation
The Bank of Korea (BOK) should continue to normalise monetary policy gradually due to high uncertainty.
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. Korean consumer confidence improves in Oct. – BOK
South Korea's Composite Consumer Sentiment Index (CCSI) for October 2024 rose 1.7 points from September to 101.7.
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 M2 grows August ’24 – BOK
South Korea's seasonally-adjusted M2, which includes broad money, grew by 0.2 per cent to 4,062.6 trillion won…
