The Bank of Korea (BOK) Interest Rate Decision is taken by the Monetary Policy Board and is published immediately after the meeting. The interest rate decision is one of the most important South Korean economic events. Interest rate growth leads to an increase in the South Korean won, while a decrease in the interest rate decreases the KRW.
Bank of Korea Interest Rate Decision
Last release
Actual
2.50%
Forecast
—
Previous
2.50%
Next release
Actual
Coming in 28 days
Forecast
—
Previous
2.50%
Date (GMT)
Reference
Actual
Forecast
Previous
3.50%
—
3.50%
3.50%
—
3.50%
3.50%
—
3.50%
3.50%
—
3.50%
3.50%
—
3.50%
3.50%
—
3.50%
3.50%
—
3.50%
3.50%
—
3.25%
3.25%
—
3.00%
3.00%
—
2.50%
2.50%
—
2.25%
2.25%
—
1.75%
1.75%
—
1.50%
1.50%
—
1.25%
1.25%
—
1.25%
1.25%
—
1.00%
1.00%
—
0.75%
0.75%
—
0.75%
0.75%
—
0.50%
0.50%
—
0.50%