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Bank of Korea holds rates as expected after back-to-back hikes

By Thomson Reuters Oct 21, 2026 | 7:54 PM

SEOUL, Oct 22 (Reuters) – The Bank of ​Korea left ‌its benchmark interest rate unchanged at 3.00% on ‌Thursday, ​pausing ⁠after back-to-back ⁠quarter-point hikes in July and August.

The seven-member monetary ​policy board at the ⁠BOK ⁠voted to ​keep the seven-day ​repurchase rate at 3.00%, ‌a decision that was forecast by ⁠all 34 analysts surveyed by Reuters.

Governor ⁠Shin ‌Hyun Song ⁠will hold ​a ‌news conference ​at 0210 ⁠GMT.

(Reporting by Cynthia Kim, Jihoon Lee; Editing by Sam ​Holmes)