S. Korea’s c. bank warns of prolonged trade war impact
South Korea's central bank warned on Thursday that the trade war initiated by the US President could persist longer…
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Bank of Korea
S. Korea’s c. bank cuts base rate to 2.75%
The Monetary Policy Board of the Bank of Korea (BoK) announced on Tuesday a 25-basis-point reduction in the Base…
Asian shares fall on Tuesday due to trade tensions
Asian shares declined on Tuesday due to concerns about trade tensions between the US and China, which dampened the…
S. Korea’s economic health hinges on political stability
South Korea's central bank governor said on Thursday the key factor for the health of Asia's fourth-largest economy…
S. Korea’s c. bank holds rates steady at 3.00%
The Bank of Korea's (BOK) monetary policy board decided on Thursday to keep the base rate at 3.00 per cent.
S. Korea sees biggest foreign outflows since March ’20
South Korea's capital markets saw the biggest foreign outflows in December since March 2020 due to increased…
S. Korea’s export, import prices climb 2.4% in Dec. ’24
South Korea's export price index (KRW basis) rose 2.4 per cent in December compared to the previous month, and…
S. Korea’s current account surplus hits $9.3b in Nov ’24
South Korea recorded a current account surplus of 9.3 billion dollars in November 2024, according to preliminary…
Bank of Korea buys net $192m in market-smoothing operations in Q3
The Bank of Korea (BOK) announced on Tuesday that it purchased a net US$192 million in the third quarter of 2024 to…
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…