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.
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 | 4 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 | 8 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 | 15 days ago
