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MNI BRIEF: Bank of Korea Keeps Policy Rate At 3.50%: Press

(MNI) Tokyo

The Bank of Korea on Thursday kept its policy interest rate unchanged at 3.5% amid growing concern over the weaker economy, despite the country's inflation rate remaining at high levels, Wowkorea reported.

The decision was widely expected as the country's economy suffers from a slowdown due to weaker exports.

The next meeting is scheduled for July 13.

MNI Tokyo Bureau | +81 90-2175-0040 |
MNI Tokyo Bureau | +81 90-2175-0040 |

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