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Bank of Korea holds policy rate steady with inflation below goal

It's mindful of muted inflationary pressures and the won's strengthening

With the BOK staying pat on Thursday, the US benchmark rate could soon surpass South Korea's if the Federal Reserve raises rates in March as expected.


SOUTH Korea's central bank left its key interest rate unchanged on Thursday as inflation remains below target and the nation's currency trades near a multi-year high.

The decision to keep the seven-day repurchase rate at 1.5 per cent, in the next-to-last rate decision before...

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