Republic of Korea
Market Watch
| Close of November 6, 2024 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 2.975 | ▲ 3.8 | ▲ 1.2 | ▼ 26.7 |
| 5 Year | 3.020 | ▲ 4.8 | ▲ 2.0 | ▼ 13.5 |
| 10 Year | 3.137 | ▲ 6.2 | ▲ 3.5 | ▼ 3.8 |
|
* Government bond yield changes are expressed in basis points. |
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| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| KRW per USD | 1,400.850 | ▼ 1.5 | ▼ 1.6 | ▼ 8.5 |
| KRW per JPY | 9.059 | ▲ 0.5 | ▼ 0.8 | ▲ 1.0 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| 1D KORIBOR | 3.240 | ▼ 4.0 | ▲ 2.5 | ▼ 37.5 |
|
* Interest rate changes are expressed in basis point change. |
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Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (11-Oct-2024) |
Previous Rate (22-Aug-2024) |
YTD Rate |
|
| BOK Base Rate | 3.250 | ▼ 25.0 | ▼ 25.0 | |
|
* Policy rate changes are expressed in basis point change. |
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Sovereign Ratings
| Agency | Rating | Outlook | Date | |
|---|---|---|---|---|
| Regional Rating Institutions | ||||
| R&I | AA- | stable | 2020-03-17 | |
| RAM | AA3 | stable | 2019-05-07 | |
| Non-Regional Rating Institutions | ||||
| Fitch | AA- | stable | 2023-03-13 | |
| S&P | AA | stable | 2022-04-26 | |
NEWS HIGHLIGHTS
- Consumer Price Index in October 2024
- Consumer inflation slows to lowest level in 45 months of 1.3 pct in Oct.
- Consumer inflation projected to stay below 2 pct: finance ministry
- Household loan growth still not showing signs of stabilizing: chief regulator
- S. Korea to utilize up to 16 tln won of state funds amid massive tax revenue shortfall