South Korea’s won steadied at 1,428 per dollar on Tuesday following a turbulent week that saw the currency hit a two-year low of 1,442. However, the Bank of Korea’s governor is doubtful the ...

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 ...

SEOUL, Jan 16 (Reuters) - South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday, weighing the impact of its back-to-back cuts last year while supporting the ...

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 ...

"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 ...

South Korea’s central bank has cut its key interest rate and sharply lowered its growth outlook for the country’s economy in 2025. The Bank of Korea acted to counter the threat of U.S.

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 ...

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.

SEOUL, South Korea — South Korea’s central bank lowered its key policy rate for ... but a ‘red sweep’ where the House and Senate were all won by one side was something we did not ...

The Bank of Korea argued that if the issuance of stablecoins based on the won is allowed, the monetary authority must manage it from the licensing stage. With discussions on virtual asset ...