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June 2013


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Unchanged Monetary Policy in South Korea
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TOPIC: Unchanged Monetary Policy in South Korea

Unchanged Monetary Policy in South Korea 3 months, 1 week ago #3894

The Bank of Korea's monetary policy board on Thursday decided to keep the nation's benchmark interest rate unchanged at 2.75% for the fourth straight month. The decision was in line with expectations as soft economic data has been offset by low inflation and the central bank expects CPI to remain low for the time being. The bank remains uncertain about the global recovery, however.
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