S. Korean banks' foreign borrowing jumps in March
South Korean banks' mid to long-term foreign borrowing jumped in March from the previous month as they braced for rising global uncertainties, the financial regulator said Monday.
The Bank of Korea has released today its decision about the borrowing costs, where the Bank increased its benchmark interest rates by 25 basis points to 3.25% during June, from 3.00% a month earlier, while the expectations referred to 3.00%.