AJP Factbox: BOK keeps key rate at 3% for Oct 2026

by Kim Yeon-jae Posted : October 22, 2026, 10:28Updated : October 22, 2026, 10:33
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The Bank of Korea (BOK) kept South Korea's base rate unchanged at 3.00 percent on Oct. 22, marking the first hold since May after back-to-back hikes in July and August.

The rate had stayed at 2.50 percent for about a year before the BOK raised it to 2.75 percent in July and 3.00 percent in August.