By bno - Jakarta bureau South Korea's central bank is leaning towards reducing interest rates this April, even as the ...

Eleven stores in South Korea can now pay using the Bank of Korea’s digital currency. with a 10% discount to incentivize ...

Sluggish South Korean growth, as evidenced by a weaker-than-expected jobs report, ups the odds of an April rate cut.

Korea's foreign reserves grew on month in March, rebounding from the lowest level in nearly five years on a quarter-end ...

Depending on the inflation path and currency moves, the BoK may delay its rate action until the third quarter of 2025.

SEOUL, March 31 (Yonhap) -- Foreign currency deposits fell for the first time in three months in February amid the strengthening of the U.S. dollar, the central bank said Monday.

On the 31st, the Ministry of Economy and Finance and the Bank of Korea held a general meeting of the Seoul Foreign Exchange Market Operation Council and announced the plan to introduce a 'league ...

North Korean smartphones are processing more payments in foreign currencies, according to a source inside North Korea.

SEOUL, March 31 (Xinhua) -- South Korea's foreign currency deposit fell last month due to lower U.S. dollar deposits owned by companies, central bank data showed Monday. The deposit, denominated ...

South Korea's foreign reserves grew from a month earlier in March, rebounding from the lowest level in nearly five years on a ...

South Korea's 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs through June. The company is participating in ...