Bank of Korea board member Hwang revises 2026 current account surplus forecast to $500 billion

Bank of Korea board member Hwang revised the 2026 current account surplus forecast upward to $500 billion from $450 billion previously, and said the dollar-won shift has been quicker than anticipated, with the central bank monitoring the FX market carefully. Hwang also said high borrowing costs limit economic gains for struggling small and medium businesses and that it is time to concentrate on inflation.

Detected & updated continuously · Source: Nebula