# Bank of Korea heads toward Nov. 26 meeting with base rate at 3% | EconoTimes

> South Korea's base rate stood at 3% in October ahead of the Nov. 26 meeting, after two hikes in July and August and a hold on Oct. 22. Short-term bond pricing implied a quarter-point increase at the next decision.

- Date: 2026-11-01 · published 2026-11-01T21:33:21.368Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/73738-bank-of-korea-heads-toward-nov-26-meeting-with-base-rate-at-3-econotimes
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Higher Korean rates tighten financial conditions and can firm the won, modestly affecting Korean feed importers' costs; the direct effect on grain and oilseed prices is limited.

## Sources

- econotimes.com: https://econotimes.com/Bank-of-Korea-heads-toward-Nov-26-meeting-with-base-rate-at-3-1767873

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