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South Korea Interest Rate Decision

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South Korea Interest Rate Decision

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Apr 12, 2024
Actual
3.50%
Forecast
3.50%
Previous
3.50%
The Bank of Korea (BOK) Monetary Policy Committee's decision on where to set the benchmark interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the KRW, while a lower than expected rate is negative/bearish for the KRW.
Importance:
Country:
Currency: KRW
Source: Bank of Korea
South Korea Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Apr 12, 2024 (Apr) 11:00 3.50% 3.50% 3.50%
Feb 22, 2024 (Feb) 11:00 3.50% 3.50% 3.50%
Jan 11, 2024 (Jan) 11:00 3.50% 3.50% 3.50%
Nov 30, 2023 (Nov) 11:00 3.50% 3.50% 3.50%
Oct 19, 2023 (Oct) 11:00 3.50% 3.50% 3.50%
Aug 24, 2023 (Aug) 11:00 3.50% 3.50% 3.50%

News

Asian stocks rise, but rate, inflation angst limits gains
Asian stocks rise, but rate, inflation angst limits gains By Investing.com - Apr 09, 2024

Investing.com-- Most Asian stocks advanced on Tuesday as they recouped some losses from last week, although anticipation of key inflation readings and more cues on U.S. interest rates kept gains in...

Bank of Korea keeps interest rates unchanged at 3.5%
Bank of Korea keeps interest rates unchanged at 3.5% By Investing.com - Feb 22, 2024

Investing.com-- The Bank of Korea (BOK) left its benchmark interest rate unchanged on Thursday, as widely expected, with the central bank set to keep monetary policy restrictive until inflation is...

Analysis

Interest Rate Decision Discussion

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