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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
Feb 23, 2023
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. As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely.

A reading that is stronger than forecast is generally supportive (bullish) for the KRW, while a weaker than forecast reading is generally 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 11, 2023 (Apr) 02:00   3.50% 3.50%
Feb 23, 2023 (Feb) 02:00 3.50% 3.50% 3.50%
Jan 13, 2023 (Jan) 02:00 3.50% 3.50% 3.25%
Nov 24, 2022 (Nov) 02:00 3.25% 3.25% 3.00%
Oct 12, 2022 (Oct) 02:00 3.00% 3.00% 2.50%
Aug 25, 2022 (Aug) 02:00 2.50% 2.50% 2.25%

News

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Analysis

Interest Rate Decision Discussion

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