Bank of Korea

Bank of Korea delivers back-to-back rate hike to curb inflation risks

2026-08-27T02:41:43.000Z
On an unadjusted basis, shipments gained 56%, while imports rose 19%, resulting in a trade surplus of nearly US$14 billion.

South Korea’s early August exports extend gains on semiconductor boom, supporting rate hike case

2026-08-21T02:16:09.000Z
This reinforces the BOK’s tightening bias ahead of its Aug 27 policy meeting, with the economy expanding faster than expected.

Bank of Korea deputy governor signals more rate hikes on inflation risk

2026-08-11T07:07:39.000Z
South Korea’s finance ministry estimated that nationwide fuel price caps reduced inflation in July by 0.3 percentage points.

South Korea inflation cools to three-month low in July, but risks remain

2026-08-04T01:10:28.000Z
“For Korea-Japan cooperation, the won and the yen are so tightly coupled that a joint intervention could double the impact,” said an analyst

Rare Japan-South Korea joint market intervention shakes up yen and won

2026-07-31T05:19:13.000Z
The won was Asia’s worst-performing currency in the first half of 2026, sinking on Jun 6 to its weakest level since the global financial crisis.

South Korea to ease forex rules for foreigners to trade won in push to liberalise market

2026-07-19T04:51:47.000Z
The rate hike aligns the BOK closely with the central bank in neighbouring Japan, which recently raised its own benchmark rate to a 31-year high.

Bank of Korea hikes rates for first time in 3.5 years to curb inflation and won slump

2026-07-16T08:47:54.000Z
The Kospi fell as much as 4 per cent in early trade to its lowest level since May 20, before erasing losses to turn higher on a rebound on Wednesday.

South Korea to closely watch risks around stock market volatility

2026-07-08T01:51:01.000Z
The BOK says the nation’s financial system remains broadly stable despite heightened uncertainty at home and abroad.

Bank of Korea says higher rates needed amid housing, debt risks

2026-06-24T03:15:43.000Z
Inflation is expected to exceed the target level for a considerable period of time, Bank of Korea governor says.

Bank of Korea governor says interest rates to be raised ‘on time’

2026-06-12T02:29:52.000Z