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
10 Apr 2026 01:00 GMT
Actual
2.50%
Forecast
—
Previous
2.50%
Next release
28 May 2026 01:00 GMT
Actual
Coming in 29 days
Forecast
—
Previous
2.50%
Date (GMT)
Reference
Actual
Forecast
Previous
15 Apr 2021
0.50%
—
0.50%
25 Feb 2021
0.50%
—
0.50%
15 Jan 2021
0.50%
—
0.50%
26 Nov 2020
0.50%
—
0.50%
14 Oct 2020
0.50%
—
0.50%
27 Aug 2020
0.50%
—
0.50%
16 Jul 2020
0.50%
—
0.50%
28 May 2020
0.50%
—
0.75%
09 Apr 2020
0.75%
—
0.75%
16 Mar 2020
0.75%
—
1.25%
27 Feb 2020
1.25%
—
1.25%
17 Jan 2020
1.25%
—
1.25%
29 Nov 2019
1.25%
—
1.25%
16 Oct 2019
1.25%
—
1.50%
30 Aug 2019
1.50%
—
1.50%
18 Jul 2019
1.50%
—
1.75%
31 May 2019
1.75%
—
1.75%
18 Apr 2019
1.75%
—
1.75%
24 Jan 2019
1.75%
—
1.75%
30 Nov 2018
1.75%
—
1.50%