The Bank of Korea left its benchmark rate unchanged at 3.00% on October 22, pausing after quarter-point increases at its July and August meetings. The decision was widely expected by analysts surveyed by Reuters.

The hold gives policymakers time to assess how earlier tightening is affecting prices and activity. Reuters reported that the central bank also raised its 2026 growth forecast and pointed to resilient exports; the rate decision itself does not guarantee a future move.

Sources: [Reuters report, carried by MarketScreener](marketscreener.com source ↗); [Kyunghyang Shinmun](khan.co.kr source ↗); [Bank of Korea — policy meeting schedule](bok.or.kr source ↗).