The Bank of Korea announced its interest rate decision for the period through October 23 on August 28, 2025. The current rate was set at 2.5%, unchanged from the previous value of 2.5%.Definition: The Bank of Korea's Monetary Policy Committee sets the benchmark rate—specifically, the overnight call rate—to manage economic activity, inflation, exchange rates, and unemployment. In terms of market impact, a hawkish policy stance is supportive for the Korean won, while a dovish stance is negative for the currency.This data is rated with an importance level of 2. The rate is determined through committee meetings and directly influences the economy. The release frequency is monthly, with the next announcement scheduled for November 27, 2025.
this-content
disclaimer-th