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bank of korea

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Why investors are fleeing the won (KOR)

As the won nears crisis-era levels despite strong exports and growth, questions are mounting over whether Korean authorities have a credible plan to steady markets.

2026.6.8

Why investors are fleeing the won

As the won nears crisis-era levels despite strong exports and growth, questions are mounting over whether Korean authorities have a credible plan to steady markets.

2026.6.7

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A pedestrian passes by automated teller machines of major banks installed in Seoul on Dec. 21, 2025. [YONHAP]

Inflation projected to hover above 3 percent as Middle East tensions continue: BOK

Inflation is projected to remain above the 3 percent level for the time being as the impact of high oil prices spills over into other sectors of the economy amid prolonged Middle East tensions, the central bank said Tuesday.

2026.6.2

Bank of Korea Gov. Shin Hyun-song delivers opening remarks at the BOK International Conference in Seoul on June 1. [YONHAP]

BOK chief emphasizes strong growth allows focus on inflation in monetary policy

Bank of Korea (BOK) Gov. Shin Hyun-song said Monday the country's strong economic growth gives the central bank greater room to focus on curbing inflation in monetary policymaking, signaling a hawkish stance.

2026.6.1

Export containers are piled up at Pyeongtaek Port in Gyeonggi on April 1. [YONHAP]

Korea's non-IT exports to U.S. fall 12.8% after tariffs: BOK report

Korea's exports of non-IT products to the United States fell more than 10 percent after Washington imposed a series of tariffs early last year, but their share of the U.S. market declined only modestly, a central bank report showed on Friday.

2026.5.29

Bank of Korea Gov. Shin Hyun-song speaks to reporters in a press conference held in central Seoul on May 28. The central bank kept the rate steady at 2.5 percent, while signaling monetary tightening. [BOK]

BOK chief says policy direction is clear as bank raises growth forecast to 2.6%

Korea's central bank sharply raised its economic growth forecast for this year on Thursday, in a move that aligns with its signal of further interest rate hikes ahead, but held the benchmark interest rate steady at 2.5 percent.

2026.5.28

Bank of Korea Gov. Shin Hyun-song holds up a gravel during the Monetary Policy Board meeting at the Bank of Korea in Jung District, central Seoul, on May 28. [JOINT PRESS CORPS]

BOK maintains 2.5 percent key rate for 8th consecutive meeting

The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.5 percent on Thursday for the eighth meeting in a row.

2026.5.28

Containers are stacked at a port in Pyeongtaek, Gyeonggi, on May 8. [YONHAP]

Biz sentiment improves to 3.5-year high in May on robust exports: BOK survey

Korea's business sentiment rose for the third straight month to hit a three-and-a-half-year high in May on robust semiconductor-driven exports, a central bank poll showed Wednesday.

2026.5.27

A customer shops at a major discount chain store in Seoul on May 20. [YONHAP]

Consumer sentiment rises sharply in May on robust chip exports, bullish stock market

Consumer sentiment rose at the fastest pace in about a year in May, driven by robust semiconductor exports and the stock market rally, the central bank said Friday.

2026.5.22

Import prices drop in April for 1st time in 10 months: BOK

Import prices fell for the first time in 10 months in April on a decrease in oil prices amid the Middle East conflict, central bank data showed Friday. The import price index fell 2.3 percent on-month last month.

2026.5.15