South Korea Business Confidence
Business leaders' optimism about the economy's performance in the manufacturing sector is measured by the Company Survey Index (BSI) in South Korea in the current month and their outlook for the following month. The BSI index is based on information collected by a poll which was conducted with about 2800 enterprises in 15 areas, the subjects in the poll including sales, inventory, manufacturing facilities, pricing structures, labor force, and profitability. The net difference between the number of positive replies and the number of negative replies for each of the indicators assessed is computed for each indicator measured. an index rating above 100 is indicating an improving perception, while a rating below 100 is indicating a deteriorating perception.
A higher than expected figure should be seen as positive (bullish) for the KRW while a lower than expected figure should be seen as negative (bearish) for the KRW.
News (KRW)
South Korea Export Prices Rise 0.4% On Month, 2.6% On Year In March
Export prices in South Korea were up 0.4 percent on month, the Bank of Korea said in Tuesday's preliminary report - slowing from 1.6 percent in February.
RTTNews | 8 days ago
Bank Of Korea Holds Key Rate Unchanged As Expected
The Bank of Korea decided to hold the benchmark rate unchanged at its current restrictive level for the tenth straight session on Friday, as policymakers see higher uncertainty regarding the inflation outlook. The Monetary Policy Board, led by Governor Rhee Chang-yong, unanimously decided to maintain the key base rate at 3.50 percent.
RTTNews | 11 days ago
South Korea Posts $6.86 Billion Current Account Surplus
South Korea had a current account surplus of $6.86 billion in February, the Bank of Korea said on Friday - following the $3.05 billion surplus in January.
RTTNews | 19 days ago
