Bank of Korea says wary of FX volatility on trade war risks
South Korea's central bank said on Thursday that U.S. President Donald Trump's escalating trade war could drag on longer than ...
Blockonomi10d
Digital Won Enters Real-World Testing: South Korea Begins CBDC Trial with 100,000 Consumers
South Korea is launching a three-month CBDC test with 100,000 consumers who will use bank-issued digital tokens worth up to 1 ...
The Star19d
Bank of Korea: Weaker won puts pressure on economy
The recent weakness of the South Korean won is expected to put more inflationary pressure on the country’s economy, driving up consumer prices, a central bank report says. The Bank of Korea (BoK ...
NBC New York26d
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
South Korea's central bank cut rates by 25 basis points Tuesday ... while the South Korean won weakened 0.2% to trade at 1,431.3 against the U.S. dollar. Speaking to CNBC's "Squawk Box Asia ...