• USD/KRW

Bank of Korea governor says board needs to discuss household debt

South Korea's central bank governor will discuss the impact of government actions on household debt before considering interest rate cuts amid rising market expectations.

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South Korea fin minister prioritises demand recovery over household debt

South Korea's Finance Minister prioritizes boosting domestic demand over household debt, while addressing rising home prices and forecasting mid-2% economic growth for 2024.

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South Korea household borrowing posts biggest jump in over three years

South Korea's household borrowing surged in August, driven by record mortgage demand, raising concerns among financial authorities about systemic risks and urging banks to enhance risk management.

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Bullish bets on most Asian currencies rise on Fed rate cut bets: Reuters poll

Analysts have increased bullish positions on most Asian currencies due to concerns about U.S. economic growth and potential interest rate cuts, impacting currency values.

• USD/KRW

Bank of Korea sees inflation staying stable for time being

South Korea's central bank expects consumer inflation to remain stable, stabilizing faster than other major economies, with August data meeting its target.

• USD/KRW

Bank of Korea to hold rates steady on Thursday, first cut seen in Oct: Reuters poll

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Asia FX muted as dollar firms amid commodity rout, political uncertainty

Most Asian currencies remain flat as the dollar strengthens. The Japanese yen appreciates while commodity-linked currencies decline due to economic concerns in China.