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Scotiabank Sees South Korea's Central Bank on Hold This Week

BY MT Newswires | ECONOMIC | 08:21 AM EST

08:21 AM EST, 01/13/2026 (MT Newswires) -- The Bank of Korea (BoK) is expected to stay on hold for a fifth straight meeting on Thursday at a base rate of 2.5%, said Scotiabank.

In late December, the BoK and South Korea's ministry of economy and finance issued a joint statement addressing the weakness of the won (KRW) and outlined measures to stabilize the foreign-exchange market, noted the bank.

That worked for a brief period, but the won has since resumed a depreciating trend. Won weakness and house price inflation with associated stability concerns will keep the central bank guarded, stated Scotiabank.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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