BOK supplies $2.69 bil. in fresh banknotes ahead of Chuseok
The Bank of Korea (BOK) said Wednesday it had supplied 3.65 trillion won ($2.69 billion) in new banknotes for this year's Chuseok holiday to meet increased demand. The central bank supplied the notes to banks and other financial institutions for the past 10 working days, which is smaller than last year's 4.44 trillion won, according to the BOK. The on-year decline in the supply of fresh banknotes…
The Bank of Korea supplied 3.65 trillion won, equivalent to $2.69 billion, in new banknotes to banks and other financial institutions. This was done over 10 working days to meet increased demand ahead of the Chuseok holiday.
The amount supplied is smaller than last year's 4.44 trillion won. According to the Bank of Korea, this decrease is due to this year's Chuseok holiday being relatively short, lasting four days, compared to seven days in 2025.
This year's two-day Chuseok holiday began on Thursday.
Brief written by urgent.news from The Korea Times, The Korea Times — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
Also reported by 2 other outlets
- BOK supplies $2.69 bil. in fresh banknotes ahead of Chuseok koreatimes.co.kr
- BOK supplies 3.65 tln won in fresh banknotes ahead of Chuseok en.yna.co.kr
