The Bank of Korea reports that the South Korean economy grew at the slowest rate in three quarters.

Sources: Yonhap

The Bank of Korea cuts its growth forecast and expects the country's GDP to shrink 1.3% this year. It would be South Korea's worst performance since the height of the Asian financial crisis in 1998.
2020-08-27

South Korea's economy enters recession after exports plunge to their lowest levels since 1963.
2020-07-22

The Bank of Korea raises interest rates for the first time in more than six years by lifting borrowing costs to 1.50 percent from 1.25, citing economic recovery.
2017-11-30

The death toll from the South Korean MERS outbreak rises to 11 with 126 people now diagnosed with the disease but the number of people in quarantine falls slightly to 3,680. Two hospitals have closed as a result of the outbreak and the Bank of Korea has lowered interest rates due to concerns about effects of the outbreak on the economy.
2015-06-12

The South Korean Central Bank raises its benchmark interest rate by 25 basis points to 3.25 percent.
2011-06-10

The Bank of Korea increases the main interest rate in South Korea by a quarter percentage point to 3% due to concerns over inflation.
2011-03-10

The South Korean Central Bank unexpectedly raise interest rates from 2% to 2.25%.
2010-07-9

Distributed under CC BY-SA 3.0 and available in many open API formats: Markdown, HTML, JSON and XML. Push nofitications via Twitter.

Original news text authored by contributors of Wikipedia® Current Events Portal is available under CC BY-SA 3.0 ; additional terms may apply. Open graph meta tags contents: titles, descriptions and images delivered by the news sources are explicitly public and their display constitutes fair use, however each item may contain registered trademarks of third parties and/or specific limitations on reuse; additional terms may apply. Names of the news sources are registered trademarks of respective media organisations.

By using this site, you agree to the Wikimedia Terms of Use and Offstream Privacy Policy & Terms of Use. Wikipedia is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organisation. Offstream is not affiliated with Wikimedia Foundation, Inc.

Offstream
news

2011-10-27

Bank of Korea

The Bank of Korea reports that the South Korean economy grew at the slowest rate in three quarters.

Related