KRW Forex News
Bank Of Korea Cuts Policy Rate By 25 Bps
The Bank of Korea reduced its benchmark rate by a quarter-point on Tuesday as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth. The monetary policy board, governed by Rhee Chang Yong, decided to lower the Base Rate by 25 basis points to 2.75 percent. The decision matched expectations.
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2 days ago
South Korea Producer Prices Climb 0.6% In January
Producer prices in South Korea were up 0.6 percent on month in January, the Bank of Korea said on Thursday - accelerating from 0.4 percent in December.
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8 days ago
South Korea Has $12.37 Billion Current Account Surplus
South Korea posted a current account surplus of $12.37 billion in December, the Bank of Korea said on Thursday - up from the upwardly revised $10.05 billion surplus in November (originally $9.30 billion).
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22 days ago
South Korea Inflation Jumps 2.2% On Year In January
Consumer prices in South Korea were up 2.2 percent on year in January, Statistics Korea said on Wednesday - exceeding expectations for 2.0 percent and accelerating from 1.9 percent in December.
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23 days ago
South Korea Manufacturing Sector Expands In January - S&P Global
The manufacturing sector in South Korea bounced back up into expansion territory in January, the latest survey from S&P Global revealed on Monday with a PMI score of 50.3.
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25 days ago
South Korea Industrial Production Climbs 3.6% In December
Industrial output in South Korea jumped a seasonally adjusted 4.6 percent on month in December, Statistics Korea said on Monday.
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25 days ago
South Korea Industrial Output Jumps 3.6% In December
Industrial production in South Korea was up a seasonally adjusted 4.6 percent on month in December, Statistics Korea said on Monday.
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25 days ago
South Korea Q4 GDP Climbs 0.1% On Quarter
South Korea's gross domestic product improved a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2024, the Bank of Korea said on Thursday.
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36 days ago
South Korea GDP Rises 0.1% In Q4
South Korea's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2024, the Bank of Korea said on Thursday.
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36 days ago
Bank Of Korea Unexpectedly Keeps Key Rate Unchanged
Bank of Korea unexpectedly maintained its key interest rate on Thursday despite political unrest intensifying downside risks to economic growth and increased volatility in the won exchange rate. After two back-to-back cuts, the Monetary Policy Board decided to hold the base rate at 3.00 percent, while markets widely expected a quarter-point reduction.
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42 days ago
