South Korea raises rates to battle inflation pressure from Iran war
Central bank’s first move under Shin Hyun-song comes amid concern over won weakness and reliance on energy imports
Bank of Korea Raises Rates for First Time Since 2023
- BOK hikes rate after yearlong pause The Korea Herald —
- Bank of Korea Raises Rate for First Time Since 2023 Wall Street Journal —
- BOK raises rates for 1st time in more than 3 years Korea Times —
- BOK Delivers First Rate Hike Since Early 2023 Amid Chip-Led Boom Bloomberg —
- South Korea raises rates for first time since 2023 on AI chip boom The Straits Times —