Board members of South Korea's central bank said it was necessary to continue easing monetary policy to support economic ...

The growth of South Korea's $1.7 trillion GDP has stalled in recent years, forecast by the Bank of Korea to see anemic 0.8% GDP growth this year, following a 0.2% contraction in the first quarter. The ...

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South Korea's central bank governor said on Thursday "excessive" policy interest rate cuts could cause another round of price ...

In its latest research report, the Bank of Korea (BOK) said South Korea "is following in Japan's footsteps in many areas," pointing to mounting private-sector debt as one of the major concerns. In ...

Last week, the central bank sharply lowered its outlook for South Korea's economic growth this year to 0.8 percent from its previous forecast of 1.5 percent, citing sagging consumption and slowing ...

[SEOUL] South Korea‘s economy contracted 0.2 per cent in the first quarter from a quarter earlier, revised central bank data showed on Thursday, unchanged from the previous advance estimate. Gross ...

Korea's official foreign reserves as of the end of May 2025 amounted to 404.6 billion dollars. ㅇ Korea’s official foreign reserves consisted of securities valued at 360.0 billion dollars (89.0%), ...

(Photo by ANTHONY WALLACE / AFP) South Korea’s economy failed to grow year-on-year in the first quarter of 2025, revised figures from Seoul’s central bank showed Thursday. Asia’s fourth ...

Real gross domestic product (real GDP, chained volume measure of GDP) increased by 2.0% in 2024 compared to the previous year. ※ Please see the attached files for details.

Exports had already softened before Trump announced his tariffs, but the shadow they cast over the economy has been among the factors prompting the Bank of Korea to lower interest rates.