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Reserve Bank of India Governor: No exchange rate target will be set for the rupee.

2026-06-24

Reserve Bank of India Governor: No exchange rate target will be set for the rupee.

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2026-06-24

KCNA reported on the 24th that the new multipurpose destroyer Choe Hyon was commissioned into the Korean People's Navy at a ceremony in Nampo on the 23rd. The ship completed a 14-month operational capability assessment and has entered service. Kim Jo

KCNA reported on the 24th that the new multipurpose destroyer Choe Hyon was commissioned into the Korean People's Navy at a ceremony in Nampo on the 23rd. The ship completed a 14-month operational capability assessment and has entered service. Kim Jong Un attended and said the navy’s status, missions and operating areas are changing and that it is developing into a force with strategic capabilities.
2026-06-24

BANK OF KOREA reiterated a hawkish stance in its semiannual Financial Stability Report, saying accelerating Seoul-area house prices, expanding household debt and greater leverage in asset purchases could amplify financial imbalances and justify a fur

BANK OF KOREA reiterated a hawkish stance in its semiannual Financial Stability Report, saying accelerating Seoul-area house prices, expanding household debt and greater leverage in asset purchases could amplify financial imbalances and justify a further rate increase at an appropriate time. The report said the financial system remains broadly stable thanks to strong growth, resilience financial institutions and a healthy external payments position, but warned credit risk is rising among vulnerable households and firms despite banks’ intact capital and liquidity buffers. It noted the benchmark rate has been held at 2.5% since H2 2025 and, given inf pressure, economic conditions and financial-stability risks, the bank considers it necessary to raise the policy rate at an appropriate time.
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