Market news

Bank of Korea Raises Interest Rates to 3.00%

27 Aug 2026· CLOM Newsroom· CLOM· 1 min readMACRO

The Bank of Korea (BOK) has raised its interest rates to 3.00%, which is its second increase in two months.

The South Korean won has appreciated over 12% against the US dollar since June, gaining 0.56% today.

The BOK projects a GDP growth of 3.3% for 2026, with inflation expected to remain above its 2% target.

Reporting aggregated and summarized by CLOM — research & education, not financial advice.

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