S. Korea’s c. bank holds base rate at 2.50%
The Monetary Policy Board of the Bank of Korea (BOK) decided on Thursday to keep the Base Rate unchanged at 2.50…
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South Korea’s economy
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…
S. Korea’s ICT exports maintain strong momentum in Nov. ’24
South Korea's ICT industry maintained strong export performance in November 2024, surpassing $20 billion for the…
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…
South Korea’s parliament approves 2025 budget with historic cuts
South Korea’s opposition-led parliament approved on Tuesday a reduced government budget of 673.3 trillion won…
South Korea’s regulator ready to deploy 10t won stock market stabilisation fund
South Korea’s financial regulator announced on Wednesday that it is ready to activate a 10 trillion won ($7.07…
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…
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 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. 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…