Bank of Korea has once again kept discount rate stable

11:21 - 11.04.2023

April 11, Fineko/abc.az. The Bank of Korea has made a decision on the discount rate.

ABC.AZ reports with reference to the foreign press that Korea has not changed the discount rate for the second time in a row.

Thus, the Bank of Korea kept the discount rates at 3.5%, without changing them in accordance with expectations.

The exchange rate of the Korean won (the currency of South Korea) slightly strengthened after rising to 1,319.68 to the US dollar.