Bank of Korea Holds Benchmark Rate Amid Weak Inflation, Growth
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South Korea’s central bank held its key interest rate at an all-time low to monitor the impact of three cuts since August as inflation slowed and exports fell.
The Bank of Korea kept the seven-day repurchase rate unchanged at 1.75 percent, as forecast by all 16 economists surveyed by Bloomberg. The BOK is expected to keep it at that level until at least the end of March 2016, according to a separate survey.