In a meeting for the new year with heads of financial institutions, Bank of Korea (BOK) Gov. Rhee Chang-yong said the central ...

The BOK expected South Korea to report a current account surplus of $90 billion in 2024 and $80 billion in 2025. The goods ...

In November, the bank slashed its benchmark interest rate by a quarter-percentage point for the second consecutive session to ...

SEOUL, Jan. 7 (Yonhap) -- Excess funds held by South Korean households fell in the third quarter of 2024 from the previous ...

In the fourth quarter of last year, the central bank purchased a net $1.98 billion, which marked the first in three years to ...

The country's foreign reserves came to US$415.6 billion as of end-December, up $21 million from a month earlier, according to ...

Rhee Chang-yong speaks during a ceremony to mark the start of business for the new year at the central bank in Seoul on Jan.

Korea's foreign reserves rose from a month earlier in December but reached the lowest level in five years in terms of ...

Korea reported a current account surplus for the seventh consecutive month in November on the back of solid sales of ...