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Bank of Korea keeps key interest rate at 1.5%

2018-07-12 3 Dailymotion

This just coming in....<br />The Bank of Korea has kept its benchmark interest rate unchanged at one-point-five percent for July.<br /> The freeze came at the first monetary policy meeting for the second half of 2018. <br />After raising its key rate by a quarter-of-a-percentage point last November -- the first rate hike in over six years -- the BOK has opted to stand pat yet again.<br />We'll have more details during our next newscast at noon, Korea time. <br /><br />This just coming in....<br />The Bank of Korea has cut its benchmark interest rate by 25 basis points to one-point-25 percent.<br /> It's the first monetary policy meeting for the second half of 2018. <br />After raising its key rate by a quarter-of-a-percentage point last November -- the first rate hike in over six years -- the BOK had left its key rate unchanged.<br />We'll have more details during our next newscast at noon, Korea time. <br /><br />This just coming in....<br />The Bank of Korea has raised its benchmark interest rate by 25 basis points to one-point-75 percent .<br /> The hike came at the first monetary policy meeting for the second half of 2018. <br />After raising its key rate by a quarter-of-a-percentage point last November -- the first rate hike in over six years -- the BOK had left its key rate unchanged.<br />We'll have more details during our next newscast at noon, Korea time. <br />

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