South Korean interest rate unchanged (Moldova.org)

Story date: 2007-10-12 04:28:32
Added on: 2007-10-12 09:33:29

The Bank of Korea, seeking to maintain South Korea’s growth amid volatile financial markets, Thursday left the key interest rate unchanged at 5 percent. It was the second month in a row the central bank left the interest rate charged on overnight interbank loans at its six-year high with the country’s economic growth this year expected to be closer to 5 percent, or higher than the bank’s earlier ...


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