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It just happened, …
In a widely anticipated move, the Bank of Korea kept its key rate at one point – 75% for the month of July.
This happened at the fifth monetary policy meeting of the central bank of the year.
The BOK has frozen its key rate since last November …, when it had increased its borrowing costs from zero to two to five percentage points.
We will have more details in our next newsletter at noon, Korea time.
This has just arrived ….
Surprisingly, the Bank of Korea raised its benchmark interest rate by 25 basis points to 2% for July.
This happened at the fifth monetary policy meeting of the central bank of the year.
The BOK has frozen its key rate since last November …, when it had increased its borrowing costs from zero to two to five percentage points.
We will have more details in our next newsletter at noon, Korea time.
This has just arrived ….
Surprisingly, the Bank of Korea lowered its key rate by 25 basis points to one point five per cent.
This happened at the fifth monetary policy meeting of the central bank this year.
The BOK has frozen its key rate since last November …, when it had increased its borrowing costs from zero to two to five percentage points.
We will have more details in our next newsletter at noon, Korea time.
# Bank # Korea # monetary #policy #office # interests
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