South Korea’s central bank holds interest rates for the seventh time in a row

SEOUL, April 11, 2017 (WAM) – The Central Bank of South Korea decided to set the key interest rate at 2.5% at its last meeting to set interest rates.

The South Korean Yonhap News Agency reported that this decision is the seventh in a row in which the bank decided to keep the interest rate unchanged, even in light of the continued monetary easing cycle.

The Bank of Korea began easing monetary easing in October 2024, cutting the benchmark interest rate by 100 basis points in total from 3.5% to support economic growth, but keeping it unchanged since July 2025.

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