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The Bank of Korea increased its base rate of interest from a record low of 0.5% to 0.75%. The move is aimed at helping curb the country's household debt and home prices, which soared in recent...
- Inflation: South Korea raises rates to pre-pandemic level - BBC
South Korea has increased its base rate of interest to where...
- Inflation: South Korea raises rates to pre-pandemic level - BBC
Monetary Policy Decision (Oct. 11, 2024) The Monetary Policy Board (MPB) of the Bank of Korea decided to lower the Base Rate by 25 basis points, from 3.50% to 3.25% for the intermeeting period. 2024 Central Banking Study Program.
5 Ιουλ 2023 · South Korea will allow new entrants to the banking sector for the first time in 30 years to spur competition after the government criticised the big bonuses paid to banking employees as...
17 Σεπ 2024 · Get the latest news, analysis and opinion on South Korean business & finance.
24 Νοε 2022 · SEOUL, Nov. 24 (Yonhap) -- The following is the full text of the Bank of Korea's statement on its monetary policy decision. The central bank's monetary policy board voted Thursday to raise the key interest rate by 25 basis points to 3.25 percent.
South Korea has increased its base rate of interest to where it was before the pandemic, as it tries to contain rising inflation and soaring household debt. The Bank of Korea's (BOK) widely...
20 Δεκ 2023 · Commercial banks in South Korea will provide at least a combined 2 trillion won ($1.5 billion) to support self-employed and mom-and-pop business owners as pressure mounts from regulators and ...
