BoK Holds Rates at 3%, Hawkish Tone Lifts KRW
The Bank of Korea unanimously kept its policy rate at 3.0% with a hawkish tone, planning to maintain a restrictive stance until inflation converges to 2%. The South Korean won rose to a fresh two-year high near 1323 per USD.
Original · FXStreet AI summary of public reporting
Why: BoK hawkish hold → supports KRW gains
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Prices since publication
At publication → CurrentKR200843.87 → 837.19−0.8%
JPY156.83 → 156.78−0.0%