Bank of Korea (BOK ... household loans at Korea’s five major banks — KB Kookmin, Shinhan, Hana, Woori and NH Nonghyup — stood at 739.87 trillion won ($520.8 billion), marking a 1.32 trillion ...

The Korean currency weakened to a two-year low of around 1,000 won per 100 yen on the daytime trading market this week, influenced by the U.S. Trump administration’s reciprocal tariff policy ...

The Bank of Korea announced on the 3rd that it disposed ... This was followed by 1,000 won notes (13.38 million, 35.8%), 50,000 won notes (2.328 million, 6.2%), and 5,000 won notes (1.924 million ...

January 16, 2025 Bank of Korea unexpectedly holds rate steady as political turmoil, won weigh South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday and ...

34 of 38 economists expect BOK to hold base rate at 3.25% on Nov 28; four expect a 25 bps cut BENGALURU, Nov 26 (Reuters) - The Bank of Korea will keep its key policy rate at 3.25% this week to ...

South Korea's central bank held its policy rate at 2.75% Thursday ... The South Korean government had drafted a 12 trillion won ($8.45 billion) supplementary budget on April 15, which included ...

Bank of Korea Gov. Rhee Chang-yong also pointed to this shift during a press conference in Milan on Monday, saying the strengthening of the won and other Asian currencies appears to be tied to ...

Investing.com-- The Bank of Korea (BoK) is likely to cut interest rates this month despite mounting pressure from a weakening currency, ING analysts said in a note. South Korea’s jobless rate ...

The Bank of Korea stepped up injections of cash into the financial market as it vowed “unlimited liquidity” in the wake of a flare-up in political turmoil. The central bank added 14.1 trillion ...

Last year, the average salary of employees at the four major commercial banks in Korea approached 120 million won. Among bank employees, there were cases of severance pay reaching as high as 1.2 ...

Yet the won falling to the lowest level since 2009 complicates the Bank of Korea’s decision next week. South Korea’s jobless rate rose to 2.9% in March (vs 2.7% in February, 2.8% market ...