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Chronology of BOK's major monetary policy decisions since 2010

All News 10:24 June 09, 2016

SEOUL, June 9 (Yonhap) -- The following chart is a list of the major monetary policy decisions made by the Bank of Korea since July 2010. The central bank's monetary policy board voted Thursday to cut the base rate by 25 basis points to a new record low of 1.25 percent for June.

Current Rate (%) Previous Rate (%) Change (%P)


July 9, 2010 2.25 2.00 +0.25


Nov. 16 2010 2.50 2.25 +0.25

Jan. 13, 2011 2.75 2.50 +0.25

March 10, 2011 3.00 2.75 +0.25

June 10, 2011 3.25 3.00 +0.25

July 12, 2012 3.00 3.25 -0.25

Oct. 11, 2012 2.75 3.00 -0.25

May 9, 2013 2.50 2.75 -0.25

Aug. 14, 2014 2.25 2.50 -0.25

Oct. 15, 2014 2.00 2.25 -0.25

March 12, 2015 1.75 2.00 -0.25

April 9, 2015 1.75 1.75 --

May 15, 2015 1.75 1.75 --

June 11, 2015 1.50 1.75 -0.25


July 9, 2015 1.50 1.50 --

Aug. 13, 2015 1.50 1.50 --

Sept. 11, 2015 1.50 1.50 --

Oct. 15, 2015 1.50 1.50 --

Nov. 12, 2015 1.50 1.50 --

Dec. 10, 2015 1.50 1.50 --

Jan. 14, 2016 1.50 1.50 --

Feb. 16, 2016 1.50 1.50 --

March 10, 2016 1.50 1.50 --

April 19, 2016 1.50 1.50 --

May 13, 2016 1.50 1.50 --

June 9, 2016 1.25 1.50 -0.25
(END)

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