Jazira Now

Tag : korean won

Business

South Korea FX reserves fall in March on stronger dollar

jaziranow.com
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations...
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

jaziranow.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving...