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MNI BRIEF: Bank Of Korea Raises Policy Rate to 1.75%: Press

TOKYO (MNI)

The Bank of Korea on Thursday, as expected, decided to raise its policy interest rate to 1.75% from 1.50% amid ongoing concern over inflationary pressures, Yonhap News Agency reported.

A policy statement was not immediately available on the Bank of Korea website, (See MNI STATE OF PLAY: S. Korea Cenbank To Hike To 1.75% On Prices).

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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