emergencyBreaking NewsKim Tucker Tremblay’s Boston Marathon Run Targets $9,000 for Hopkinton Emergency FundMortgage Rates Dip as Global Tensions Ease, but 'Lock-In' Effect Inhibits RefinancingA three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed marketFundstrat Predicts S&P 500 Target of 7,300 as Sector Repricing Limits Pullback DepthStrong corporate earnings and investor skepticism keep markets from collapsing during Middle East crisisKim Tucker Tremblay’s Boston Marathon Run Targets $9,000 for Hopkinton Emergency FundMortgage Rates Dip as Global Tensions Ease, but 'Lock-In' Effect Inhibits RefinancingA three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed marketFundstrat Predicts S&P 500 Target of 7,300 as Sector Repricing Limits Pullback DepthStrong corporate earnings and investor skepticism keep markets from collapsing during Middle East crisis

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Home/Briefs/central bank policy

BriefApril 10, 2026 · 05:12 AM

South Korea's rate hold prevents further won weakening

The current interest rate differential of 1.25 percentage points between South Korea and the United States is maintained. A premature rate cut in Seoul would risk further weakening the won, which fell to 1,530.1 against the US dollar at the end of March. This decision follows the Bank of Korea's vote to keep the benchmark seven-day repurchase rate unchanged at 2.50 per cent for a seventh consecutive meeting. The Federal Reserve held its federal funds target range at 3.50–3.75 per cent in March.

Elliot Prescott

central bank policyforeign exchangemonetary policy

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