The Bank of Korea on Thursday raised its benchmark interest rate for the first time since May 2025, ending a pause in monetary policy that had persisted for mor

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.