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…
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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…
BOK chief: Impeachment politics unlikely to impact South Korea’s economic outlook
Bank of Korea (BOK) Governor Rhee Chang-yong said on Thursday that the ongoing political turmoil over the…
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…
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…
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…
