# BOK holds key rate amid US tariff pressure, won volatility - The Korea Herald

> The Bank of Korea held its base rate at 2.75% and cut its 2025 GDP growth forecast, citing US tariff measures and political instability. The won hit its weakest level since March 2009 on April 9 after reciprocal tariffs were announced.

- Date: 2025-04-17 · published 2025-04-17T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/25362-bok-holds-key-rate-amid-us-tariff-pressure-won-volatility-the-korea-herald
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won and slower Korean growth reduce purchasing power for imported feed grains and meal, although rate caution limits further currency-supporting moves.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- koreaherald.com: https://www.koreaherald.com/article/10467790

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.