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The Spectator

Tag : korean won

Business

Bank of Korea keeps rate at 2.5% for seventh hold

thespectator.co.in
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure,...
Business

South Korea FX reserves fall in March on stronger dollar

thespectator.co.in
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations to ease currency-market strain, central bank data showed on Friday....
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

thespectator.co.in
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...