South Korea interbank rate


South Korea interbank rate closed down 3.45 as of July 25, 2024 from 3.46 from the previous day, 3.46 last week and 3.59 last month.

South Korea interbank rate Analytics & Data





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South Korea interbank rate closing prices of the last 60 days are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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South Korea interbank rate Historical Data

DateClose
2024-07-25 3.45
2024-07-25 3.45
2024-07-24 3.46
2024-07-24 3.46
2024-07-23 3.46
2024-07-23 3.46
2024-07-22 3.46
2024-07-22 3.46
2024-07-19 3.46
2024-07-19 3.46
2024-07-17 3.46
2024-07-16 3.46
2024-07-15 3.47
2024-07-12 3.46
2024-07-11 3.46
2024-07-09 3.47
2024-07-04 3.52
2024-07-01 3.59
2024-06-28 3.59
2024-06-27 3.59
2024-06-25 3.59
2024-06-24 3.59
2024-06-20 3.59
2024-06-19 3.59
2024-06-18 3.59
2024-06-14 3.59
2024-06-13 3.59
2024-06-12 3.59
2024-06-11 3.59
2024-06-07 3.59
2024-06-06 3.6
2024-06-05 3.6
2024-06-04 3.6
2024-06-03 3.6
2024-05-31 3.6
2024-05-30 3.59
2024-05-29 3.59
2024-05-28 3.59
2024-05-27 3.59
2024-05-24 3.59
2024-05-23 3.59
2024-05-22 3.59
2024-05-21 3.59
2024-05-20 3.59
2024-05-17 3.59
2024-05-16 3.59
2024-05-14 3.59
2024-05-13 3.59
2024-05-10 3.58
2024-05-09 3.58
2024-05-08 3.58
2024-05-07 3.58
2024-05-06 3.58
2024-05-03 3.58
2024-04-30 3.58
2024-04-29 3.58
2024-04-26 3.57
2024-04-25 3.56
2024-04-24 3.56
2024-04-23 3.55

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South Korea interbank rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
South Korea interbank ratekr.interbankrate0000

South Korea interbank rate Factors

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South Korea interbank rate Historical Data

The MacroVar database offers free access to historical data for the South Korea interbank rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Korea interbank rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Korea interbank rate

The interbank rate in South Korea refers to the interest rate at which financial institutions lend to each other. This rate is crucial in determining the cost of borrowing and lending for banks in the country. The interbank rate is influenced by various factors such as the overall economic conditions, inflation rates, and monetary policy decisions made by the central bank. A lower interbank rate can stimulate economic activity by making borrowing cheaper, while a higher rate can help curb inflation. Monitoring and analyzing the interbank rate is important for understanding the health of the financial system and the broader economy in South Korea.