Most Popular

1
IMF lowers Korea's 2025 growth outlook to 2%
2
Labor Ministry dismisses Hanni harassment case
3
Reality show 'I Live Alone' disciplined for 'glorifying' alcohol consumption
4
North Korean troops fighting alongside Russia, NIS confirms
5
Now is no time to add pressure on businesses: top executives

6
CJ CheilJedang to spur overseas growth with new Hungary, US plants
7
Japan to hold 1st memorial for Korean forced labor victims at Sado mine
8
[Herald Interview] How Gopizza got big in India
9
[KH Explains] Dissecting Hyundai Motor's lobbying in US
10
Nearly half of pines at Seoraksan face extinction due to global warming: study

NewsletterSubscribe

Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea.

BOK holds key rate steady at 1.25% in July

By Paige Shin

Published : July 13, 2017 - 10:14

- Link copied

South Korea's central bank on Thursday held its key rate steady for July to support the country's growth.

Lee Ju-yeol, the Governor for Bank of Korea (Yonhap)

In a widely expected move, the monetary policy board of the Bank of Korea voted to keep the key rate at 1.25 percent, extending its wait-and-see approach for the 13th consecutive month.

In June last year, South Korea's central bank made a surprise rate cut, citing a need to stimulate the lackluster economy amid a prolonged economic slowdown. (Yonhap)

BOK holds key rate steady at 1.25% in July

More from Headlines