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 ...

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 ...

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 ...

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 ...

As the Fed adopts a cautious stance, market attention is turning towards the Bank ... Korea-U.S. trade, the likelihood of foreign exchange authorities tolerating the strength of the won has ...

"It is still too early to say whether the currency exchange rate has hit the bottom," Bank of Korea Governor Rhee Chang-yong was quoted as saying, referring to the Korean won's value against the U ...

Tensions from U.S. President Donald Trump's tariffs are not only a headwind for South Korea but ... Korean won whiplash in the following days. When asked why did the central bank did not consider ...

Earlier this week, the Bank of Korea said there would ... At the end of 2024, South Korea's household debt stood at 1,927.3 trillion won ($1.34 trillion), up 2.2% from a year earlier and the ...

According to the '2025 February currency and liquidity' report released by the Bank of Korea on the 15th, the average broad money supply (M2) in February was 4,229.5 trillion won, an increase of 0 ...