Bank of Korea

South Korea’s inflation holds steady at BOK target before Iran impact

SOUTH Korea’s headline inflation held steady at the central bank’s target level, suggesting overall price pressures remained contained before the Iran conflict triggered a wave of global energy volati...

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

South Korea central bank holds policy rates steady as expected

[SEOUL] South Korea’s central bank kept policy interest rates unchanged on Thursday (Feb 26), as widely expected, as a chip boom in exports and steady inflation allow policymakers more time to assess ...

The central bank has repeatedly warned that looser financial conditions could reignite borrowing and exacerbate household-debt.

Bank of Korea likely to hold rate as inflation tame, growth steady

Inflation projections are broadly expected to remain near the bank’s 2% target

The president has argued on social media that rising apartment prices reflect distorted incentives rather than genuine housing demand.

Seoul apartment prices gain further ahead of BOK meeting

The prolonged rally has heightened the central bank’s concerns about financial stability risks

Apartment prices in Seoul have advanced for 49 consecutive weeks, according to the latest figures.

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 ...