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The Bank of Korea raised its benchmark rate 25bp to 2.75% on Thursday, its first hike since January 2023, after consumer inflation hit a three-year high of 3.2%. The surprise tightening pressures rate-sensitive Korean equities, with SK Hynix and Samsung Electronics leading steep losses, while higher won rates could support KRW and weigh on the leveraged retail flows that also feed Korean crypto volumes. Watch whether the BOK signals a one-and-done move or an extended cycle, which would determine how much further KOSPI multiples and risk appetite reprice.
As a Macro signal, watch whether it changes price action, volatility, or flows around KOSPI, 000660, 005930.
Original Source: BeInCrypto
This page is market information analysis, not investment advice.
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