The Bank of Korea raises rates for the first time since January 2023 on July 16, hiking 25 bps to 2.75% as inflation runs at 3.1%, above its 2% target.

The Bank of Korea (BOK) is widely expected to raise its benchmark interest rate on Thursday, with markets focusing on whether the central bank will...

The Bank of Korea raises rates for the first time since January 2023 on July 16, hiking 25 bps to 2.75% as inflation runs at 3.1%, above its 2% target.

Coreia do Sul eleva juros após 3 anos e meio, para 2,75% ao ano