SEOUL: South Korea's central bank kept its key interest rate steady for a sixth straight month Thursday, defying expectations of a rate cut as pressure grows to help accelerate economic recovery.
The Bank of Korea policymakers left the benchmark inter-bank lending rate at 2.75 percent - after two cuts in July and October last year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!