Home South Korea’s central bank to keep interest rates unchanged this week – Reuters poll

South Korea’s central bank to keep interest rates unchanged this week – Reuters poll

Updated: 13 Jan. 2021 | 04:57

With economic conditions stabilizing, the Bank of Korea is expected to keep interest rates unchanged at 0.5% when it meets on Friday, a Reuters poll has found.

Key points

All 28 analysts see BOK keeping rates unchanged at 0.50%.
At least 20 analysts see BOK holding rates through end of 2021.
Among 18 analysts who provided 2022 forecasts, 12 sees rate hike.

The Korean won is currently trading at 1,094 per US dollar.

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