Economic data

South Korean Won: Hawkish BoK supports consolidation – Commerzbank

FXStreet23 October 2026, 18:12 UTCSouth Korea

Commerzbank’s Charlie Lay and Dr. Henry Hao highlight that the Bank of Korea (BoK) kept its policy rate at 3.00% after two prior hikes, but delivered a clearly hawkish message. Strong semiconductor exports underpin higher growth expectations and rising inflation pressures.

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