Stability in Korea Interbank Offered Rates, KORIBOR Remains Unchanged

SEOUL — The Korea Interbank Offered Rates (KORIBOR), crucial for financial and monetary policy, have remained stable, as reported by Yonhap Infomax, a division of Yonhap News Agency dedicated to financial news and information.

According to Yonhap News Agency, there has been no change in the rates compared to the previous session. Specifically, the one-week rate stands at 3.50%, the one-month rate at 3.57%, and the two-month rate at 3.61%. Furthermore, the three-month KORIBOR has been recorded at 3.67%, with a slight increase in the six-month rate from 3.65% to 3.66%. The twelve-month rate also saw a minimal rise from 3.62% to 3.63%. These figures are essential for understanding the current financial climate and are closely monitored by investors and policymakers alike.

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