Bank of Korea keeps lid on excessive borrowing amid heated housing market

The Bank of Korea’s policy decision to keep rates unchanged is in line with market expectations. (Photo by Kotaro Hosokawa)
STEVEN BOROWIEC
November 27, 2025 09:55 JST
SEOUL — South Korea’s central bank held its key policy rate steady at 2.5% on Thursday as it seeks to quell concerns over rising home prices and foreign exchange vulnerability.