BoK Governor Shin says interest rates need to be raised at an appropriate time
Newsquawk Staff ·
BoK Governor Shin says interest rates need to be raised at an appropriate time.
- Indonesia's central bank official says rupiah movement still manageable following MSCI announcement last week and says we will respond if needed to ensure supply and demand in the FX market
- Monetary Authority of Singapore, Malaysia Central Bank and Bank of Thailand are partnering on cross-border digital money settlement
- BoK says today's rate decision was unanimous, while the timing and pace of further rate hikes will depend on inflation, economic conditions and financial stability.
- NBH Governor Varga says that 2026 inflation is to be below 3%
- SARB Governor sees upside risks to inflation to remain, adding that he expects CPI to return to the 3% target only in 2028; policy rates are moderately restrictive and consistent with the outlook
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