Bank of Korea with no change in its rate policy, as was expected.

  • 0.5% base rate, remains unchanged

BoK are looking for better growth ahead:

  • sees 2021 GDP at +4% (was at +3% expected in their prior forecast )
  • Also, sses 2021 inflation at 1.8% (1.3% prior), 2022 at 1.4%