Bloomberg L.P.25d
The Central Bank Might as Well Run South Korea
This is the situation that Rhee Chang-yong, governor of the Bank of Korea, finds thrust upon him. The president has been impeached, along with his acting successor, and the nation is mourning ...
Bank of Korea Surprises by Holding Rates Steady as Uncertainty Lingers
South Korea’s central bank kept its benchmark seven-day repurchase rate unchanged at 3.00% on Thursday, following a ...
NBC DFW17d
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth ‘highly likely' to miss forecasts
The Bank of Korea held its benchmark policy rate at 3% in a surprise move so as to assess changes in domestic and external economic conditions The BOK's decision surprised economists polled by ...
Bloomberg L.P.18d
South Korea’s Household Loans Fall, Easing Debt Concerns for BOK
Loans dropped by 400 billion won ($274 million) to 1,141 trillion won in December, after they rose by 1.9 trillion won in the previous month, according to data released by the Bank of Korea on ...
U.S. News & World Report17d
Bank of Korea Unexpectedly Holds Rate Steady as Political Turmoil, Won Weigh
SEOUL (Reuters) -South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday and signalled it needs to wait for the domestic political turmoil weighing on the ...
Wall Street Journal17d
Bank of Korea Surprises by Holding Rates Steady as Uncertainty Lingers
South Korea’s central bank unexpectedly held its policy rate steady amid ongoing pressure to cut further in order to support growth in Asia’s fourth-largest economy. The Bank of Korea kept its ...