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 ...

"Political changes sparked by the martial law imposition have greatly affected the foreign exchange market," Bank of Korea Gov. Rhee Chang-yong said at a January press conference. "The won-dollar ...

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 ...

South Korea's central bank cut rates by 25 basis points Tuesday ... while the South Korean won weakened 0.2% to trade at 1,431.3 against the U.S. dollar. Speaking to CNBC's "Squawk Box Asia ...