South Korea interest rate


South Korea interest rate closed down 3 as of November 28, 2024 from 3.25 from the previous day, 3.5 last week and 3.5 last month.

South Korea interest rate Analytics & Data





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South Korea interest 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 interest rate Historical Data

Date Close
2024-11-28 3
2024-10-11 3.25
2024-08-22 3.5
2024-07-11 3.5
2024-05-23 3.5
2024-04-12 3.5
2024-03-31 3.5
2024-02-22 3.5
2024-01-11 3.5
2023-12-31 3.5
2023-11-30 3.5
2023-10-19 3.5
2023-09-30 3.5
2023-08-24 3.5
2023-07-13 3.5
2023-06-30 3.5
2023-05-25 3.5
2023-04-13 3.5
2023-03-31 3.5
2023-02-23 3.5
2023-01-13 3.5
2022-12-31 3.25
2022-11-24 3.25
2022-10-14 3
2022-09-30 2.5
2022-08-25 2.5
2022-07-14 2.25
2022-06-30 1.75
2022-05-26 1.75
2022-04-14 1.5
2022-03-31 1.25
2022-02-24 1.25
2022-01-14 1.25
2021-12-31 1
2021-11-25 1
2021-10-12 0.75
2021-09-30 0.75
2021-08-26 0.75
2021-07-15 0.5
2021-06-30 0.5
2021-05-27 0.5
2021-04-15 0.5
2021-03-31 0.5
2021-02-25 0.5
2021-01-15 0.5
2020-12-31 0.5
2020-11-26 0.5
2020-10-14 0.5
2020-09-30 0.5
2020-08-27 0.5
2020-07-16 0.5
2020-06-30 0.5
2020-05-28 0.5
2020-04-09 0.75
2020-03-16 0.75
2020-02-27 1.25
2020-01-17 1.25
2019-12-31 1.25
2019-11-29 1.25
2019-10-16 1.25

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South Korea interest rate Statistics

Security Symbol Last Momentum Trend Oscillator 1D% 1W% 1M% 1Y%
South Korea interest rate kr.interestrate 0 0 0 0

South Korea interest rate Quantitative Analysis, Charts & Factors

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South Korea interest rate Historical Data

The MacroVar database offers free access to historical data for the South Korea interest 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 interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Korea interest rate

South Korea's interest rate refers to the rate at which the country's central bank lends money to commercial banks, which in turn impacts borrowing costs for businesses and individuals. The Bank of Korea sets the country's interest rate in order to control inflation, stimulate economic growth, and maintain financial stability. Changes in the interest rate can have a significant impact on the economy, influencing consumer spending, investment decisions, and overall economic activity. South Korea's interest rate is closely monitored by analysts and investors as a key indicator of the country's economic health and outlook.

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