KRW Forex News

Bank Of Korea Holds Rate Amid Trade Uncertainty, Won Volatility

Bank Of Korea Holds Rate Amid Trade Uncertainty, Won Volatility

The Bank of Korea kept its interest rate unchanged on Thursday as uncertainty about future growth increased due to the changes in the US trade policies and the implementation of government stimulus measures, while the currency showed a high volatility over a short period of time. The monetary policy board, governed by Rhee Chang Yong, decided to maintain the Base Rate at 2.75 percent.
RTTNews | 2 days ago
South Korea Business Sentiment Index Improves To 86.7 - BoK

South Korea Business Sentiment Index Improves To 86.7 - BoK

The Composite Business Sentiment Index (CBSI) for all industries in South for Mar 2025 was 86.7, up 1.4 points from the previous month, the Bank of Korea said on Wednesday. The outlook for the following month fell by 2.4 points to 85.6.
RTTNews | 24 days ago
Bank Of Korea Cuts Policy Rate By 25 Bps

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.
RTTNews | 53 days ago