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…
Browsing Tag
South Korea’s central bank
S. Korea’s c. bank trims ’25 economic growth forecast
South Korea's central bank on Monday revised its 2025 economic growth projection to 1.6-1.7 per cent, down from 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 consumer sentiment plunges in Dec. ’24 – BOK
South Korea’s Composite Consumer Sentiment Index (CCSI) for December 2024 fell to 88.4 points, a decline of 12.3…
S. Korea to maintain 2% inflation target – BOK’s governor
South Korea's central bank will keep its two per cent inflation target until the next policy review, as low…
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…
S. Korea’s c. bank pledges to maintain financial stability
South Korea's central bank pledged to stabilise financial markets and emphasised the need for consistent…
BOK governor plays down impact of political turmoil on economy
Bank of Korea Governor Rhee Chang-yong said that it is improbable for the central bank to cut interest rates, as he…
Asian shares slip as inflation worries persist
Asian shares dropped on Thursday and the dollar strengthened slightly as investors considered US data indicating…
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 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 current account surplus hit $6.6b in August ’24
South Korea's current account registered a surplus of $6.60 billion in August 2024, according to preliminary data…
S. Korea’s economy likely to beat expectations in ’24
South Korea's economy is projected to experience a stronger-than-expected growth rate of 2.4 per cent in 2024.
S. Korea’s financial vulnerability index up to 31.5 in Q2
South Korea's financial vulnerability index (FVI) rose to 31.5 in the April-June quarter from 30.0 in the previous…
BOK to issue 7.9t won in bonds next month
The Bank of Korea (BOK) announced on Thursday plans to issue Monetary Stabilisation Bonds (MSB) worth approximately…
BOK: S. Korea consumer sentiment index falls 0.8 in Sep. ’24
South Korea’s Composite Consumer Sentiment Index (CCSI) dipped slightly to 100.0 in September 2024, down 0.8 points…
S. Korea’s corporate bond sales fall 1.9% in August ’24
South Korea's corporate bond issuance dropped 1.9 per cent to 19.72 trillion won ($15.1 billion) in August 2024.
S. Korea’s public sector revenue drops 1.0% in ’23
South Korea's public sector revenue dropped by 1.0 per cent in 2023 to 1,106.7 trillion won from 1,118.2 trillion…
S. Korea’s producer prices index slows 0.1% in August ’24
South Korea's producer prices experienced a slowdown in August 2024, with the Producer Price Index (PPI) declining…
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. Korean banks hike rates amid soaring household debt
Major South Korean banks are set to increase lending rates this week, driven by concerns over a surge in household…
S. Korea vows to curb household debt risks
South Korea’s incoming financial regulator has pledged to closely monitor and manage risks associated with…
Bank of Korea board divided on rate cut timing; minutes show
South Korea's central bank policymakers was split on the timing of interest rate cuts.
South Korea’s central bank keeps rates unchanged at record lows
South Korea’s central bank kept the policy interest rate unchanged at record lows on Thursday.
South Korea’s central bank seen on hold for now, to cut rates in August: Reuters…
South Korea’s central bank will likely keep its policy interest rate steady this week but cut next month as…