# Bank of Korea maintains the status-quo in May amid US-China trade war - Forex Crunch

> The Bank of Korea kept its benchmark rate at 1.75% for a fourth straight meeting, in line with expectations from 20 of 21 economists in a Reuters poll. The central bank flagged rising trade risks and softer inflation, and USD/KRW was quoted near 1,192 after the decision.

- Date: 2019-05-31 · published 2019-05-31T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/59314-bank-of-korea-maintains-the-status-quo-in-may-amid-us-china-trade-war-forex
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A steady policy rate with the won under pressure keeps Korean import costs elevated, with limited direct effect on feed commodity prices.

## Read by commodity

- USDKRW: neutral

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2019/05/31/bank-of-korea-maintains-the-status-quo-in-may-amid-us-china-trade-war/

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