The Bank of Korea kept its interest rate unchanged on Thursday as uncertainty about future growth increased due to the changes in the US trade policies and the implementation of government stimulus measures, while the currency showed a high volatility over a short period of time.
The monetary policy board, governed by Rhee Chang Yong, decided to maintain the Base Rate at 2.75 percent, as widely expected.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.