South Korea · KRW
Bank of Korea: next decision, current Base Rate, consensus
As of 15 September 2026.
No Bank of Korea Base Rate decision date is inside the published calendar window yet; a date appears here as soon as the bank publishes its own schedule.
Bank of Korea rate facts
Every value is the latest published reading FXMacroData holds. A decision date appears only after the bank publishes it, and times are shown in UTC with the market-local time where the schedule supplies one.
| Current Base Rate | Not published |
|---|---|
| Last change | Not published |
| Next decision (UTC) | Not yet published |
| Consensus | Not published |
| Meeting frequency | Monthly Published cadence for this series. FXMacroData never infers a decision date from a cadence rule. |
| Official source | Bank of Korea |
The full Base Rate history, decision by decision, is on the South Korea policy rate page.
How Bank of Korea sets policy
The Bank of Korea (BoK) Monetary Policy Board sets the base rate eight times per year and targets 2% CPI inflation. The BoK publishes a Monetary Policy Report twice a year alongside its forecast updates.
Common questions
When is the next Bank of Korea rate decision?
Bank of Korea has not yet published its next Base Rate decision inside the calendar window FXMacroData holds. Dates come from the bank's own schedule, never from a cadence rule, so the date appears here once the bank publishes it.
What is the current Bank of Korea Base Rate?
No current Base Rate reading for Bank of Korea is published in this refresh. The series page carries the full history as soon as a reading is available.
How often does the Bank of Korea meet?
The Base Rate series is published Monthly. FXMacroData publishes a decision date only after the bank confirms it, so a cadence never stands in for a date.
How do I get Bank of Korea decisions from the API?
Call GET /v1/announcements/krw/policy_rate for the rate series with its release timestamps, and GET /v1/calendar/krw?indicator=policy_rate for the upcoming decision date. USD is open without a key; other currencies need a subscription key.