South Korea's Central Bank interest rate decision until May 29
South Korea Central Bank announced the South Korea's Central Bank interest rate decision until May 29 on 2025-05-28. with the prior figure recorded as 2.75%.
Regarding the South Korea's Central Bank interest rate decision until May 29, A tightening policy is beneficial for the Korean won; a loosening policy is detrimental to the Korean won, The Monetary Policy Committee of the Bank of Korea formulates the benchmark interest rate - the overnight target rate - to achieve the goals of regulating the economy, inflation, exchange rates, and unemployment rates.
This data holds an importance level of , calculated using Decide on the benchmark interest rate through meetings, thereby influencing the economy, and updates Monthly. The next release is set for 2025-07-10 00:00:00.
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