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

(MNI) Tokyo
(MNI) TOKYO

The Bank of Korea on Thursday decided to keep its policy interest rate unchanged at 3.50% amid persistent concern over the weaker economy, and despite still elevated headline inflation, for the sixth consecutive meeting, Wowkorea reported.

The decision was widely expected as the country's economy slows due to weak exports.

The next meeting is scheduled for Nov 30.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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