Bank of Korea

South Korea freezes rates in first meet under President Moon

BOK Governor and six other policy board members decided to keep the seven-day repurchase rate on hold at an all-time low of 1.25 percent. 

May 25, 2017, 10:54 AM IST

Bank of Korea holds interest rate at record low

South Korea`s central bank left its benchmark interest rate unchanged at a record low of 1.5 percent Thursday, as officials monitor the economic fallout from an outbreak of the MERS virus.

Jul 09, 2015, 07:51 AM IST

South Korea inflation at 0.5%, deflation fears persist

South Korea`s inflation rate remained way below the central bank`s target range in May as low crude oil prices depressed consumer price gains, government data showed Tuesday.

Jun 02, 2015, 09:24 AM IST

Japan, S. Korea to end currency swap pact: BOK

The $10 billion agreement, originally set up in 2001 and aimed at helping tide one another over financial crises, will end February 23, the central bank said in a statement.

Feb 16, 2015, 12:45 PM IST

S. Korea keeps key rate at 2% in November

The decision came after the Bank of Korea cut the overnight inter-bank lending rate twice in August and October.

Nov 13, 2014, 09:11 AM IST