As of January 2024, the base rate of South Korea's central bank was 3.5 percent. In the wake of the COVID-19 pandemic, the Bank of Korea had lowered the base rate to a record low after cutting it from 1.25 percent to 0.5 percent in May 2020. The rate has risen since then.
Base rate of the Bank of Korea from July 2012 to January 2024
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Base rate
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Bank of Korea. (January 10, 2024). Base rate of the Bank of Korea from July 2012 to January 2024 [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1235224/south-korea-central-bank-base-rate/
Bank of Korea. "Base rate of the Bank of Korea from July 2012 to January 2024." Chart. January 10, 2024. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1235224/south-korea-central-bank-base-rate/
Bank of Korea. (2024). Base rate of the Bank of Korea from July 2012 to January 2024. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1235224/south-korea-central-bank-base-rate/
Bank of Korea. "Base Rate of The Bank of Korea from July 2012 to January 2024." Statista, Statista Inc., 10 Jan 2024, https://www.statista.com/statistics/1235224/south-korea-central-bank-base-rate/
Bank of Korea, Base rate of the Bank of Korea from July 2012 to January 2024 Statista, https://www.statista.com/statistics/1235224/south-korea-central-bank-base-rate/ (last visited July 03, 2024)
Base rate of the Bank of Korea from July 2012 to January 2024 [Graph], Bank of Korea, January 10, 2024. [Online]. Available: https://www.statista.com/statistics/1235224/south-korea-central-bank-base-rate/