South Korea Interest Rate

Last Release
Jan 2020
Actual
1.25 %
Forecast
1.25 %
Previous
1.25 %
Frequency
Daily
Units In
%
Next Release
Feb 27, 2020
Time to Release
1 Months 8 Days 23 Hours
Scroll for more details
Highest
Lowest
Average
Date Range
Source
5.25 %
Sep 2008
1.25 %
Oct 2017
3.11 %1999 - 2020The Bank of Korea
In South Korea the interest rates decisions are taken by the Bank of Korea’s (BOK) Monetary Policy Committee. The official interest rate is the Bank of Korea Base Rate which was changed from overnight call rate on March 2008.

Latest Updates

The Bank of Korea kept its base rate unchanged at 1.25 percent on January 17th 2020, as widely expected, amid easing global trade tensions and signs of domestic economic recovery following efforts from the government to step up fiscal spending. Policymakers said they will maintain accommodative monetary policy stance ahead as pressures on the demand side will remain low and the economy will grow moderately. In this process, they will judge whether to adjust monetary policy accommodation, while carefully monitoring developments in global trade disputes, the overseas countries and geopolitical risks.

South Korea Interest Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Jan 17, 202004:55South Korea Holds Key Rate Unchanged at 1.25%
Nov 29, 201905:59South Korea Holds Base Rate at 1.25%
Oct 16, 201909:52South Korea Cuts Key Rate by 25 Bps to 1.25%
Aug 30, 201909:58Bank of Korea Leaves Monetary Policy Unchanged
Jul 18, 201905:19South Korea Unexpectedly Cuts Key Rate by 25 Bps to 1.5%
May 31, 201903:59South Korea Keeps Rate Unchanged at 1.75%
Apr 18, 201909:22South Korea Holds Rates, Lowers Outlook Forecasts

A Look at the Markets

Educational Pieces on Marco Indicators

all education articles

South Korea money Indicators

All South Korea indicators
Scroll for more details
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Central Bank Balance Sheet
490,202.6
Oct 2019
504,915.8
Sep 2019
310.3
Jan 1970
510,090.1
Jun 2015
KRW BillionMonthly1970 - 2019
Deposit Interest Rate
1.81
Jul 2019
1.9
Jun 2019
1.37
Aug 2016
19.5
Dec 1980
%Monthly1980 - 2019
Foreign Exchange Reserves
408,820
Dec 2019
407,460
Nov 2019
564.5
Apr 1972
408,820
Dec 2019
USD MillionMonthly1971 - 2019
Foreign Stock Investment
688,696.7
Sep 2019
708,835.9
Jun 2019
349.48
Dec 1994
776,917.6
Mar 2018
USD Hundreds of MillionsQuarterly1994 - 2019
Interbank Rate
1.44
Jan 2020
1.44
Jan 2020
1.27
Jul 2016
6.14
Oct 2008
%Daily2004 - 2020
Interest Rate
1.25
Jan 2020
1.25
Dec 2019
1.25
Oct 2017
5.25
Sep 2008
%Daily1999 - 2020

Interest Rate across Asia

Interest Rate global view
Scroll for more details
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Azerbaijan
7.5
Dec 2019
7.75
Oct 2019
2
Oct 2010
15
Jan 2018
%Daily2005 - 2019
Bangladesh
6
Oct 2019
6
Sep 2019
4.5
Jul 2010
8.75
Oct 2008
%Daily2008 - 2019
Bhutan
7.04
Nov 2019
7.04
Oct 2019
6
Apr 2018
7.04
Mar 2019
%Daily2012 - 2019
Brunei
5.5
Oct 2019
5.5
Sep 2019
5.5
Aug 2018
5.5
Aug 2018
%Daily2003 - 2019
Cambodia
1.46
Sep 2019
1.46
Jul 2019
1.23
Jan 2011
10.7
Aug 1994
%Daily1994 - 2019
China
4.15
Jan 2020
4.15
Jan 2020
4.15
Nov 2019
10.98
Aug 1996
%Daily1996 - 2020
IMPORTANT DISCLAIMERS
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
RISK DISCLAIMER
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.
FOLLOW US