# Full text of BOK statement on monetary policy decision in Oct. | Yonhap News Agency

> The Bank of Korea held its base rate steady at 0.75 percent on October 12, 2021, for the inter-meeting period. The statement cited global inflation concerns, a steep rise in major-country bond yields, a stronger U.S. dollar and the prospect of Fed tapering within the year.

- Date: 2021-10-12 · published 2021-10-12T12:00:00.000Z
- Category: macro · region Korea · magnitude low
- Page: https://feedsoft.ai/events/44803-full-text-of-bok-statement-on-monetary-policy-decision-in-oct-yonhap-news-agency
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A steady Korean policy rate, combined with a firmer dollar, keeps import-financing costs for feed buyers elevated. The statement signals that currency and inflation pressures will shape Korean feed costs in the near term.

## Read by commodity

- USDKRW: neutral

## Sources

- en.yna.co.kr: https://en.yna.co.kr/view/AEN20211011005500320

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