S. Korea’s real GDP falls by 0.2% in Q2 ’24
South Korea's real GDP fell by 0.2 per cent in the second quarter of 2024 compared to the previous quarter.
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Bank of Korea (BOK)
S. Korea’s foreign reserves hit $415.9b in August ’24
South Korea's official foreign reserves stood at $415.9 billion as of the end of August 2024 compared to $413.5…
S. Korean bank lending rates continue to fall
South Korean banks' lending rates continued to fall in July for the second time in a row.
S. Korea, Indonesia launch local currency framework
Bank Indonesia (BI), the Bank of Korea (BOK), and the Ministry of Economy and Finance (MOEF) have introduced a new…
S. Korea’s interest rates fall to 3.41% in July – BOK
South Korea's average interest rate on new deposits stood at 3.41 per cent in July 2024, marking a decrease of 10…
S. Korea’s foreign securities investment up 2.1% in Q2
South Korea's institutional investment in foreign securities rose a 2.1 per cent increase in June quarter from the…
S. Korea’s overseas card spending up in Q2 ’24
South Korean residents' overseas spending using credit and debit cards remained consistent in the second quarter of…
S. Korea business sentiment worsens at 92.5 in August
South Korea’s composite business sentiment index (CBSI) for all industries declined by 2.6 points to 92.5 in…
S. Korea’s foreign debt falls by $9.2b in Q2
The Bank of Korea (BOK) reported that foreign debt decreased by $9.2 billion to $658.3 billion in the April-June…
S. Korea’s PPI rise 0.3% in July – BOK
South Korea's producer price index (PPI) rose 0.3 per cent in July compared to the previous month.