The Business Times

Bank of Korea holds rates after year of non-stop hikes

    • The Bank of Korea’s monetary policy board held its policy interest rate steady at 3.50 per cent, in line with a unanimous call by the 42 economists in a Reuters poll.
    • The Bank of Korea’s monetary policy board held its policy interest rate steady at 3.50 per cent, in line with a unanimous call by the 42 economists in a Reuters poll. PHOTO: REUTERS
    Published Thu, Feb 23, 2023 · 09:48 AM

    SOUTH Korea’s central bank kept interest rates unchanged on Thursday, matching market expectations and ending an uninterrupted run of hikes for a year.

    The Bank of Korea’s monetary policy board held its policy interest rate steady at 3.50 per cent, in line with a unanimous call by the 42 economists in a Reuters poll. REUTERS

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    South KoreaInterest ratesCentral banks

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