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 Governor Rhee Chang-yong said the rate decision reflected a need to support the won "which in part has been weakening due to political reasons" as it hit a 15-year low versus the ...

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 ...

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 ...

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 ...

"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 ...

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 ...

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 ...

South Korea's central bank Thursday held its benchmark policy ... while the small-cap Kosdaq index rose 1.69%. The South Korean won strengthened about 0.3% to trade at 1,450.27.