Browsing: Bank of Korea

Bank of Korea held rates at 2.5% and launched dot plot guidance as it lifted 2026 growth forecast and flagged housing, debt and won risks.

South Korea inflation slows as January CPI rises 2.0% y/y, with core inflation at 2.0% and transport costs falling, official data shows after 2.3% in Dec. 2025.

Foreign exchange reserves in South Korea fell to $428.05 billion in December as market stabilization actions contributed to the first monthly drop in seven months

The Bank of Korea held its key interest rate at 2.5 percent for a third straight meeting, balancing growth with inflation and financial stability.

South Korea’s import and export prices rose for the third month in September, driven by higher oil costs and a weaker won, data from the Bank of Korea shows.

Electronic payments in Korea reached a new record in 2024, signaling growing consumer adoption of contact-free financial transactions.

Bank of Korea confirms South Korea’s economy grew 2 percent in 2024, showing resilience amid global challenges and steady GDP recovery.

Government data showed Wednesday that South Korea’s external debt increased by $32.1 billion from a…