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South Korea Interest Rate Decision

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South Korea Interest Rate Decision

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Nov 25, 2021
Actual
1.00%
Forecast
1.00%
Previous
0.75%
The Bank of Korea (BOK) Monetary Policy Committee's decision on where to set the benchmark interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the KRW, while a lower than expected rate is negative/bearish for the KRW.
Importance:
Country:
Currency: KRW
Source: Bank of Korea
South Korea Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Nov 25, 2021 (Nov) 09:00 1.00% 1.00% 0.75%
Oct 12, 2021 (Oct) 09:00 0.75% 0.75% 0.75%
Aug 26, 2021 (Aug) 09:00 0.75% 0.75% 0.50%
Jul 15, 2021 (Jul) 09:00 0.50% 0.50% 0.50%
May 27, 2021 (May) 09:00 0.50% 0.50% 0.50%
Apr 15, 2021 (Apr) 09:00 0.50% 0.50% 0.50%

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Interest Rate Decision Discussion

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