south korea freezes key interest rates
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

South Korea freezes key interest rates

Egypt Today, egypt today

Egypt Today, egypt today South Korea freezes key interest rates

Seoul - XINHUA
Bank of Korea (BOK), South Korea's central bank, froze its benchmark interest rate at 2.75 percent on Friday, maintaining a wait-and-see stance after cutting the rate by 25 basis points (bps) in July and October in 2011 respectively. The BOK's decision was in line with market consensus as most experts predicted the rate freeze, citing positive economic data related to production and domestic demand, headline inflation staying at a low level and fiscal stimulus.
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south korea freezes key interest rates south korea freezes key interest rates



 
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