Korea's current account surplus decreases sharply in October following extended Chuseok holiday

Korea’s current account surplus shrank sharply in October after a long Chuseok holiday cut factory workdays and prompted more overseas travel, the Bank of Korea (BOK) said on Friday.

2025-12-05

Economy on course to grow in 1 percent range from gov't consumer coupons, semiconductor rebound

Korea’s economy is on course to grow in the 1 percent range this year after 13 trillion won ($8.9 billion) in government consumer coupons lifted domestic demand and a semiconductor rebound strengthened exports, central bank data showed on Wednesday.

2025-12-03

원화 약세, 물가 압력에 한은 금리 인하 사이클 종료 시사

The Bank of Korea (BOK) kept the base interest rate unchanged at 2.5 percent on Thursday as it signaled an end to the rate-cut cycle amid a depreciating won and inflationary concerns.

2025-12-03

Foreign currency deposits post biggest drop in nearly 2 years in Oct.: BOK

Outstanding foreign currency-denominated deposits held by residents came to $101.83 billion as of end-October, down $5.26 billion from a month earlier, according to data from the Bank of Korea.

2025-11-28

BOK hints at end to rate-cut cycle amid weak won, inflationary pressure

The Bank of Korea kept the base interest rate unchanged at 2.5 percent on Thursday as it signaled an end to the rate-cut cycle amid a depreciating won and inflationary concerns.

2025-11-27

BOK keeps interest rate steady amid housing market pressures, increasing exchange rate

The Bank of Korea (BOK) held its key interest rate steady Thursday, citing persistent housing market pressures and heightened volatility in the foreign exchange market as the won-dollar exchange rate continues to rise.

2025-11-27

Business sentiment reaches 1-year high in November on semiconductor boom: BOK survey

Business sentiment in Korea rose to the highest level in more than a year in November, supported by an ongoing boom in the semiconductor industry and improving consumer sentiment, a central bank survey showed Wednesday.

2025-11-26

Virtually all bond experts expect BOK to keep base rate steady: Survey

An overwhelming majority of bond experts in Korea (96 percent) believe the Bank of Korea (BOK) will hold its policy rate steady for a fourth consecutive time in its rate-setting meeting later this week, a survey showed Tuesday.

2025-11-25

Consumer sentiment hits 8-year high on U.S. tariff deal, robust Q3 growth

Korea's consumer sentiment rose to an eight-year high in November, buoyed by the country's tariff agreement with the United States and stronger-than-expected quarterly economic growth, the central bank said Tuesday.