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South Korean Central Bank Surprises Markets With Interest Rate Hold
Friday, September 10, 2010 - 11:48am | 85The Bank of Korea, South Korea’s central bank, has decided to keep interest rates on hold at 2.25%. The bank said that rate increases down the line would be modest due to global economic uncertainties, notably in the U.S. economy. In a statement, the bank said that the U.S. economy showed signs of...