- Analytics
- News and Tools
- Market News
- BOK Chief Rhee: Rising US interest rates will lead to higher inflation in Korea via won
BOK Chief Rhee: Rising US interest rates will lead to higher inflation in Korea via won
South Korea's new central bank Governor Rhee Chang-yong said on Monday, “rising US interest rates will lead to higher inflation in Korea via won.”
Additional quotes
If inflation rises, BOK should put pricing stability first.
Data must be used to inform policy decisions.
Housing market correction is inevitable.
Fed's Powell comments were in line with what we anticipated.
The time when China was the world's factory is coming to an end.
Market reaction
At the time of writing, USD/KRW is clinging on to Friday’s upside near 1,342, as investors get started on another eventful week ahead. Last Thursday, South Korea's central bank said that its Monetary Policy Board hiked the key rate to 2.50% from 2.25% as expected.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
