Bank of Korea keeps key interest rate at 1.5%

This just coming in from the central bank.
In a widely expected move,... the Bank of Korea has kept its benchmark interest rate unchanged at one-point-five percent,... maintaining the rate at that level for half-a-year now.
In November last year, the central bank raised the rate by a quarter percentage point,… marking the first rate adjustment in over a year.
We'll have more details and what the freeze means for the economy during our next newscast at noon, Korea time.


This just coming in from the central bank.
The Bank of Korea has cut its benchmark interest rate to one-point-25 percent.
The decision has caught experts by surprise as they had been anticipating a rate freeze.
We'll have more details during our next newscast at noon, Korea time.


This just coming in from the central bank.
The Bank of Korea has raised its benchmark interest rate to one-point-75 percent.
This follows the first rate hike in over six years in November, when the central bank raised its record low interest rate by a quarter percentage point, tightening its monetary policy.
We'll have more details during our next newscast at noon, Korea time.