Tag : Bank of Korea

BoK may keep policy rate on hold

International Finance DeskMarch 7, 2016

by International Finance DeskMarch 7, 2016

Change of board members in April 2016 may have been a factor behind the move IFM Correspondent March 7, 2016: Bank of Korea (BoK), the central bank of South Korea, is likely to keep its policy rate on hold when it meets on March 10 despite the economy being weak with January posting slower than...

Banking

Bank of Korea holds rates in current Governor’s last meeting

International Finance DeskMarch 13, 2013

by International Finance DeskMarch 13, 2013

Although there was no change in the South Korean central bank’s policy rate, a 25 basis point hike in 3Q 2014 is expected, says Ronald Man, Economist, Asian Economics Research, HSBC Ltd, Hong Kong Seoul, March 13: The Bank of Korea voted unanimously to hold its policy rate at 2.50% for the tenth consecutive month....