BoK raises 7-day Repo Rate by 25bps to 2.75%, as expected
Newsquawk Staff ·
BoK raises 7-day Repo Rate by 25bps to 2.75%, as expected.
- Instacart (CART) is reportedly exploring a sale, The Information reports; held talks with DoorDash (DASH) and Uber (UBER)
- CBR Governor Nabiullina says we need longer period of tight monetary policy
- 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.
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