bok freezes key rate for seventh straight month
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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BOK freezes key rate for seventh straight month

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Arab Today, arab today BOK freezes key rate for seventh straight month

Seoul - Yonhap

South Korea's central bank froze the key interest rate for the seventh consecutive month on Thursday as the local economy is showing signs of a moderate recovery amid tame inflation. Bank of Korea (BOK) Gov. Kim Choong-soo and his six fellow policymakers unanimously held steady the benchmark seven-day repo rate, dubbed the base rate, at 2.5 percent, as widely anticipated.

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