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The Monetary Policy Board of the Bank of Korea decides the Base Rate at its policy-setting meetings, eight a year. The dates of the following year's meetings are announced in advance in a press release.

Figures come from the central bank's own official pages; the date of the last check is shown under Source.

Current rate

Base Rate

3.00%

Latest decision: Oct 22, 2026 · Left unchanged

Next scheduled meeting

Nov 26, 2026

Scheduled meetings

  • Nov 26, 2026
  • Jan 14, 2027
  • Feb 25, 2027
  • Apr 9, 2027
  • May 27, 2027
  • Jul 15, 2027
  • Aug 26, 2027
  • Oct 15, 2027
  • Nov 25, 2027

Rate history

DateRateChange (percentage points)
Aug 27, 20263.00%+0.25
Jul 16, 20262.75%+0.25
May 29, 20252.50%-0.25
Feb 25, 20252.75%-0.25
Nov 28, 20243.00%-0.25
Oct 11, 20243.25%-0.25

Dates are decision dates.

Source

Rates and dates come from each central bank's official pages and can change. For information only; not investment advice.

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