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South Korean Won Rises To More Than 2-month High After BoK Rate Decision

South Korean Won Rises To More Than 2-month High After BoK Rate Decision

The South Korean won strengthened against the U.S. dollar in the European session on Thursday, after the Bank of Korea raised its benchmark interest rate for the first time since 2023 as inflation is projected to stay above 2 percent target for a considerable time.
RTTNews | 57 days ago
South Korea Won Falls After BoK's Expected Rate Cut Decision

South Korea Won Falls After BoK's Expected Rate Cut Decision

The South Korean Won weakened against the U.S. dollar in the Asian session on Tuesday, after the Bank of Korea reduced its benchmark rate by a quarter-point as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth.
RTTNews | 563 days ago