Asia Economics Update First Korean rate hike in 12 months also likely to be last We suspect that today’s 25bp rate hike from the Bank of Korea (BoK) will be a one-off move similar to the European Central Bank’s warning shot last month, rather than the first in a new tightening... 7th August 2008 · 1 min read
Asia Economics Update Bank of Korea turns to forex intervention to fight inflation The Bank of Korea (BoK) held official rates at 5.00% today, as widely expected. The accompanying statement highlighted the growing dilemma facing the BoK. But successful interventions to prop up the... 10th July 2008 · 1 min read
Asia Economics Update Korean rates still headed for 4.50% Today’s decision by the Bank of Korea (BoK) to hold the official 7-day repo rate at 5.00% reflected concerns about oil price-induced inflation and the still relatively high liquidity levels in the... 8th May 2008 · 1 min read
