Core Viewpoint - The Bank of Korea has removed references to potential interest rate cuts in its policy statement, indicating a shift in monetary policy stance amid concerns over inflation and currency stability [1] Group 1: Monetary Policy - The weakening of the Korean won may lead to inflationary pressures, but it is unlikely to trigger a financial crisis [1] - Market expectations for excessive interest rate cuts have diminished [1] - To stabilize the foreign exchange market through policy rates, interest rates may need to be raised by approximately 200 to 300 basis points [1] Group 2: Currency and Reserves - South Korea possesses ample dollar reserves, which provides a buffer against currency fluctuations [1] - There are many willing to lend US dollars, but few are willing to sell them [1]
韩国央行行长：如果想通过政策利率来稳定外汇市场 利率必须上调约200至300个基点
Sou Hu Cai Jing·2026-01-15 03:27