Bank of Korea

South Korean Central Bank Wants to Use CBDC to Pay $79.3B Worth of Gov’t Subsidies

August 28, 2025

The Governor of the South Korean Central Bank says Seoul is planning to use its Central Bank Digital Currency (CBDC) to pay over 110 trillion won ($79.3 billion) in...

South Korea inflation weakest in almost 4 years, sets stage for more rate cuts

November 4, 2024

SEOUL (Reuters) - South Korea's October headline inflation slowed further to the weakest level in almost four years, data showed on Tuesday, strengthening the case for more interest rate...