KRW Noticias de Forex

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 | hace 24
South Korea Has $12.37 Billion Current Account Surplus

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).
RTTNews | hace 43
South Korea Inflation Jumps 2.2% On Year In January

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.
RTTNews | hace 44
South Korea Q4 GDP Climbs 0.1% On Quarter

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.
RTTNews | hace 57