Tag: bok

bok

Latest News

Bank of Korea's headquarters in central Seoul on Aug. 12, 2025

BOK says inflation to ease in September but underlying pressures to persist

The Bank of Korea expects September headline inflation to slow as a base effect fades, while core price pressures remain elevated.

2026.9.2

Foreign currency deposits rise to all-time high in July

Foreign currency deposits rose $15 billion in July, led by exporter dollar receipts and brokerage funds for overseas bond investments.

2026.8.28

BOK delivers back-to-back rate hike as growth outlook strengthens to 3.3%

The Bank of Korea (BOK) lifted its benchmark rate to 3 percent, citing stronger growth and persistent inflation.

2026.8.27

BOK raises Korea growth outlook to 3.3% on strong chip exports

The central bank cited AI-driven semiconductor exports as it upgraded Korea's 2026 growth forecast well above its May projection.

2026.8.27

Mortgage loan advertisements are displayed at a bank in Seoul on Aug. 17.

Mortgage rates hit highest level since 2023

Korea’s average household mortgage rate rose for a third straight month in July as higher market rates pushed up borrowing costs.

2026.8.26

Business confidence nears four-year high

Business sentiment climbed in August as strong manufacturing confidence and a summer-season boost in services lifted the Bank of Korea’s index.

2026.8.26

Inflation, stocks dent consumer confidence

Korea’s consumer sentiment fell in August for the first time in four months as inflation concerns and a stock market correction weighed on households.

2026.8.25

Senior official appointed as BOK's No. 2

International finance expert Kwon Min-soo will join the Bank of Korea’s rate-setting committee as senior deputy governor.

2026.8.21

A person walks past a mortgage advertisement attached on a bank in Seoul on July 9.

Household credit jumps at fastest pace in some 5 years to hit record high in Q2

Outstanding loans totaled 2.02 quadrillion won ($1.43 trillion) as of the end of June, according to the central bank.

2026.8.19

An employment support center in a college in Seoul on April 20

94% of job losses among young people over past 4 years were in AI-exposed industries, BOK says

The number of jobs held by young people aged 15 to 29 slid by 285,000 between June 2022 and June of this year.

2026.8.18

Tag: bok

bok

Latest News

BOK says inflation to ease in September but underlying pressures to persist

Foreign currency deposits rise to all-time high in July

Most popular

BTS comeback: Bright lights and drone shows light up the sky as 'Arirang' finally arrives — as it happened

Veteran actors Yoo Hae-jin, Ryu Seung-ryong win Baeksang Grand Prizes — as it happened

BTS ranks No. 2 in July concert revenue with $102.5 million 'Arirang' tour

Yoon Suk Yeol gets five years on abuse of power, obstruction charges — as it happened

Assembly cautions JYP founder over personal activities during U.S. trip