Bank of Korea says wary of FX volatility on trade war risks
South Korea's central bank said on Thursday that U.S. President Donald Trump's escalating trade war could drag on longer than ...
The Chosun Ilbo on MSN16d
Bank of Korea cuts key rate to 2.75%, lowers 2025 growth forecast from 1.9% to 1.5%
The Bank of Korea cut its key interest rate by 0.25 percentage points to 2.75% on Feb. 25 at its monetary policy meeting. This follows two previous rate cuts in Oct. and Nov. 2024, each by 0.25 ...
Blockonomi2d
Digital Won Enters Real-World Testing: South Korea Begins CBDC Trial with 100,000 Consumers
South Korea is launching a three-month CBDC test with 100,000 consumers who will use bank-issued digital tokens worth up to 1 ...
Bank of Korea cuts rates to lowest since August 2022 as the country struggles with growth slowdown
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.
NBC Washington17d
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, hitting its lowest since August 2022. This was the third rate cut in four meetings, and in line with with expectations from economists polled by Reuters.
Korea’s New FX Rules Renew Calls for More Fundamental Changes
South Korea’s new measures to boost foreign currency inflows are tinker-at-the-margins tweaks that will breed short-term ...
The Grand Junction Daily Sentinel17d
S. Korea's central bank cuts rate, growth outlook over tariff fears
South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the ...
NBC New York17d
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
South Korea's central bank cut rates by 25 basis points Tuesday to their lowest since August 2022, as it strives to stimulate a slowing economy. The Bank of Korea reduced rates to 2.75% from 3% ...