The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve. Officials from the Korean central bank said in a March 16 response to ...

South Korea’s central bank cut its base rate and lowered its growth forecast for this year, as it resumed easing to support a sagging economy. Growth in Asia’s fourth-largest economy remains ...

According to the Bank of Korea, the central bank has issued digital currency to participating local banks, which will, in turn, provide tokenized deposits to a total of 100,000 individuals.

SEOUL (Reuters) - Most of the Bank of Korea's board members assessed Asia's fourth largest economy was losing steam faster than expected due to sluggish domestic spending and uncertainties from U ...

SEOUL (Reuters) - A board member of South Korea's central bank said on Wednesday household debt growth could take centre stage in policy discussions again amid an upswing in property prices ...

The Bank of Korea cut rates to 2.75% from 3%, hitting its lowest since August 2022. This was the third rate cut in four meetings, and in line with with expectations from economists polled by Reuters.

SEOUL -- South Korea's central bank cut its key interest rate by one quarter of a percentage point to 2.75% on Tuesday amid projections of weak growth in Asia's fourth-largest economy. The ...

The logo of the Bank of Korea is seen in Seoul, South Korea, on Nov 30, 2017. (Photo: REUTERS/Kim Hong-Ji) 25 Feb 2025 09:53AM (Updated: 25 Feb 2025 01:43PM) ...

SEOUL, Feb 25 (Reuters) - The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia's fourth-largest economy from a restrictive ...

The Bank of Korea (BOK) cut its benchmark interest rate to 2.75% at its monetary policy review, an outcome expected by 35 out of 36 economists polled by Reuters.