BOK raises rate to 3%, lifts growth forecast
The Bank of Korea on Thursday raised its benchmark interest rate for a second consecutive meeting, pressing ahead with monetary tightening amid persistent inflationary pressures. The Monetary Policy Board lifted the rate by 0.25 percentage point to 3 percent, following an increase of the same size i
The Bank of Korea on Thursday raised its benchmark interest rate for a second consecutive meeting, pressing ahead with monetary tightening amid persistent inflationary pressures. The Monetary Policy Board lifted the rate by 0.25 percentage point to 3 percent, following an increase of the same size i
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