Bank of Korea
South Korea central bank holds rates
Mar 14, 2013 00:54 EDT
South Korea's central bank kept its benchmark interest rate unchanged for a fifth straight month, despite concerns over whether growth in Asia's fourth-largest economy is back on track.
S.Korea jobless rate hits one-year high
Mar 12, 2013 22:08 EDT
South Korea's jobless rate rose to a one-year high in February, according to official data, as more university graduates flooded onto the market.
South Korean inflation slows in February
Mar 03, 2013 21:04 EST
South Korea's inflation rate slowed slightly to 1.4 percent in February, well below the central bank's target band and offering more room for monetary easing, government data showed Monday.
S. Korea logs $2.25 bn Jan current account surplus
Feb 26, 2013 22:41 EST
South Korea posted a current account surplus of $2.25 billion for January on robust exports of mobile devices, autos and petrochemical products, the central bank said Wednesday.
S.Korea's external debt hits record high in 2012
Feb 20, 2013 01:09 EST
South Korea's long-term external debt hit a record high in 2012 on steady foreign buying of local bonds, but its short-term debt fell to a six-year low, according to the latest central bank data.
S. Korea keeps key rate unchanged for fourth month
Feb 13, 2013 21:55 EST
South Korea's central bank kept its key interest rate unchanged for the fourth straight month Thursday as inflation remained subdued and the economy continued to show signs of strengthening.
S. Korea's jobless rate hits seven-month high
Feb 12, 2013 22:34 EST
South Korea's unemployment rate in January rose to a seven-month high as tens of thousands of college graduates flooded the job market, government data showed.
S. Korea industry output growth slows in December
Jan 29, 2013 20:04 EST
South Korea's industrial production posted its fourth consecutive monthly rise in December, while slowing sharply from the previous month, government data showed Wednesday.
S.Korea economic growth at three-year low in 2012
Jan 23, 2013 22:41 EST
South Korea's economy grew at its slowest pace for three years in 2012, as the global downturn dampened exports and domestic demand, the central bank said on Thursday.
S.Korea holds interest rate, cuts growth forecast
Jan 11, 2013 00:54 EST
South Korea's central bank kept its key interest rate unchanged for a third straight month Friday, even as it slashed its economic growth forecast for 2013 to 2.8 percent.
South Korea keeps interest rate at 2.75 percent
Jan 10, 2013 21:06 EST
South Korea's central bank kept its key interest rate unchanged at 2.75 percent for a third straight month Friday, despite some mixed signals on the strength of the slowing domestic economy.
South Korea's jobless rate steady at 3.0 percent
Jan 08, 2013 19:43 EST
South Korea's overall unemployment rate remained steady at 3.0 percent in December, as growth in the number of people finding jobs slowed from the previous month, official data showed Wednesday.
S.Korea's trade surplus shrinks in 2012
Jan 01, 2013 01:47 EST
South Korea's trade surplus in 2012 shrank 7.1 percent to $28.6 billion, data showed on Tuesday, as exports were hit by decreasing demand in the key European market.
S. Korea inflation slows to 1.4%
Dec 30, 2012 19:54 EST
South Korea's inflation rate slowed to a fourth-month low in December, government data showed Monday, giving the central bank more monetary room to help boost the economy.
S. Korea current account sets record surplus
Dec 27, 2012 19:39 EST
South Korea's current account surplus rose to a record high in November, placing upward pressure on the won which has already risen more than 10 percent against the dollar since May.
S. Korea keeps interest rate at 2.75 percent
Dec 13, 2012 12:03 EST
South Korea's central bank kept its key interest rate unchanged at 2.75 percent Thursday for a second straight month as the economy shows signs of recovering from a year-long slump.
S.Korean growth slows to three-year low
Dec 05, 2012 20:30 EST
South Korea's economy grew 0.1 percent in the third quarter from the previous three months -- the slowest pace in more than three years, on shrinking investment and manufacturing, according to the latest data.
South Korea inflation slows to 1.6%
Dec 02, 2012 21:14 EST
South Korea's inflation rate slowed to a three-month low in November, government data showed Monday, allowing more room for the central bank to cut rates to bolster growth.
S.Korea current account surplus narrows to $5.82 bln
Nov 27, 2012 20:29 EST
South Korea's current account surplus narrowed slightly in October following a surge the previous month, as import growth outpaced exports, according to the Bank of Korea.
S. Korea keeps interest rate unchanged at 2.75%
Nov 09, 2012 00:25 EST
South Korea's central bank kept its key interest rate unchanged at 2.75 percent following a cut last month, as Asia's fourth-largest economy showed small signs of recovering from a year-long slump.
Facts from the Wikipedia page:
| Bank of Korea 한국은행 Hanguk Eunhaeng | |||||
| |||||
| Headquarters | Jung-gu, Seoul, South Korea | ||||
|---|---|---|---|---|---|
| Established | June 12, 1950 | ||||
| Governor | Lee Seongtae | ||||
| Central Bank of | |||||
| Currency | South Korean won | ||||
| ISO 4217 Code | KRW | ||||
| Base borrowing rate | 2% | ||||
| Website | http://eng.bok.or.kr | ||||
| Preceded by | Bank of Chosen | ||||