Seoul: The Korea Interbank Offered Rates (KORIBOR) were posted at 11:00 a.m. by Yonhap Infomax, the financial news and information arm of Yonhap News Agency.
According to Yonhap News Agency, the announcement of the KORIBOR provides critical information for financial institutions and market participants in Korea. These rates are used as a benchmark for various financial products and transactions within the banking sector.