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South Korea Interest Rate Decision

The Monetary Policy Committee of the Bank of Korea (BOK) is in charge of making interest rate decisions in South Korea. The Bank of Korea Base Rate is the official interest rate, which was modified from the overnight call rate in March 2008 to become the official interest rate.

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.

Source:  The Bank of Korea
Category:  Interest Rate
Units:  Percent
Impact: Medium
Currency: KRW
Latest Release
Previous: 3.5%
Consensus: 3.5%
Actual: 3.5%
Next Release
No data