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…
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South Korea’s inflation
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.
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.
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.
S. Korea’s inflation eases to 11-m low in June
South Korea's consumer inflation dropped to 2.4 per cent in June, an 11-month low, offering relief to policymakers…
S. Korea inflation eases to 3-month low at 2.9%
South Korea's April inflation eased more than expected, with the consumer price index (CPI) reaching a 3-month low…
AfDB 2023