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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
Jan 14, 2022
Actual
1.25%
Forecast
1.25%
Previous
1.00%
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
Jan 13, 2022 (Jan) 20:00 1.25% 1.25% 1.00%
Nov 24, 2021 (Nov) 20:00 1.00% 1.00% 0.75%
Oct 11, 2021 (Oct) 20:00 0.75% 0.75% 0.75%
Aug 25, 2021 (Aug) 20:00 0.75% 0.75% 0.50%
Jul 14, 2021 (Jul) 20:00 0.50% 0.50% 0.50%
May 26, 2021 (May) 20:00 0.50% 0.50% 0.50%

News

Asian Stocks Down, Investors Digest Chinese Trade Data
Asian Stocks Down, Investors Digest Chinese Trade Data By Investing.com - Jan 13, 2022

By Gina Lee Investing.com – Asia Pacific stocks were mostly down on Friday morning, with a slew of U.S. Federal Reserve officials indicating faster-than-expected interest rate hikes and the Nasdaq 100...

Analysis

Marc Chandler
Bi-Polar Market: It Is And It Isn't By Marc Chandler - Jan 14, 2022

Sentiment is unhinged. It has swung from fears that the Fed is behind the inflation curve and unemployment is below the long-term equilibrium rate to the central bank is going to kill the economy by...

Jeffrey Halley
Buying The Dip By Jeffrey Halley - Jan 07, 2022 2

Lots of noise, but little substance probably describes the last 24 hours in global markets. US equities moved sideways overnight, the US Dollar was steady versus major currencies, US yields edged a...

Interest Rate Decision Discussion

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