BOK Holds Rate as Won Near Six-Year High Poses Growth Risk
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South Korea’s central bank left its key rate unchanged, supporting growth that faces headwinds from sluggish investment and a won near a six-year high.
The central bank held the seven-day repurchase rate at 2.5 percent for a 13th straight month, it said in a statement in Seoul today, as forecast by all 19 economists in a Bloomberg News survey.