Bank of Korea

Bank of Korea stands pat as board wary of weak won, property market rally

Inflation has remained broadly in line with the central bank’s projections

The upgrade could enhance South Korea's standing as a regional power player and draw billions in passive inflows.

South Korea to launch 24-hour forex trading in July to secure upgrade

The finance ministry will introduce an offshore won settlement system to ensure sufficient liquidity during extended trading hours

The housing rally, particularly in the Greater Seoul area, has kept policymakers focused on the risks of a deepening concentration of activity in the capital region.

Seoul apartment prices continue to rise ahead of Bank of Korea meeting

The government has rolled out a series of additional measures meant to temper the rally last year

In an effort to bring more capital into local equities, the government plans to roll out new tax incentives to bring more foreign investments back home.

BOK’s Rhee says recent dollar-won levels do not reflect economic fundamentals

South Korea is expected to fund its US$350 billion US investment pledge mainly through the return of foreign currency assets

South Korea's consumer price index rose 2.3 per cent from a year earlier, in line with median forecasts of 2.30 per cent.

South Korea 2025 consumer inflation roughly in line with central bank target

[SEOUL] South Korea’s consumer inflation for 2025 slowed to 2.1 per cent from 2.3 per cent in 2024, official data showed on Wednesday, roughly in line with the Bank of Korea’s target of 2 per cent to ...

Governor Rhee Chang-yong said the bank would ensure that dollar outflows do not hurt foreign exchange stability.

South Korea central bank sees upside inflation risk with a weaker won

The country’s headline inflation in November is up 2.4% from the year before

The Bank of Korea’s monetary policy board voted to keep its benchmark interest rate unchanged at 2.50 per cent.

South Korea keeps rates steady as FX risks limit easing scope

[SEOUL] South Korea’s central bank kept interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see how the government...

South Korea’s economy has shown resilience in the face of Donald Trump’s 15% tariffs on imports from Korea, supported by strong semiconductor demand.

Seoul apartment prices regain momentum ahead of BOK meeting

The central bank has repeatedly warned that real estate-linked leverage poses one of the biggest threats to financial stability