Korea holds rates for ninth month
The Bank of Korea announced on Thursday that it would keep its base rate unchanged at the all time low of 2% for the ninth straight month.
The central bank indicated its accommodative stance would be maintained for the foreseeable future in the interest of a sustainable economic recovery.
The central bank cited a "recovering trend" in domestic demand and production, and support from the exports sector as factors in its decision to hold rates. It also said that the expected asset-price bubble had
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