Bank of Korea Raise Rates To 3.25%, Highest level Since June 2012

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #45755
    Truman
    Participant

    Policymakers at the Bank of Korea reportedly expect a terminal rate above 3.50%

    Weak KRW:
    SouthKorea September trade deficit $3.78 bln (last deficit of $3.70 bln).
    September Imports 18.6% yr/yr (last 18.6%) and Exports 2.7% yr/yr (last 2.8%)

    #45465
    Helmholtz Watson
    Participant

    South Korea’s Monetary Policy Board of the Bank of Korea decided today to raise the Base Rate to 3.25%, the highest level since June 2012 as expected
    [See the full post at: Bank of Korea Raise Rates To 3.25%, Highest level Since June 2012]

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.