Korean Dictionary

How to say “Prime Rate” in Korean

기준 금리

gijun geumni

Usage & Context

The prime rate is the benchmark interest rate set by the Bank of Korea. Changes in the base rate affect mortgage, loan, and savings rates nationwide. Korean media closely follows Bank of Korea rate decisions.

Example Sentence

한국은행이 기준 금리를 인상했어요.

The Bank of Korea raised the prime rate.

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