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Thursday, October 13, 2011

South Korea's central bank left interest rates unchanged next rate cut expected to heat up

South Korea's central bank left interest rates unchanged next rate cut expected to heat up Bank of Korea announced on 13 October, the fourth consecutive month to maintain the current 3.25 percent benchmark interest rate unchanged. This is consistent with market expectations. But as the market worried about the global economic downturn deepens, analysts expected the Bank of Korea cut interest rates next year will be small. South Korea's central bank said it expects the country's inflation rate will not ...South Korea's central bank left interest rates unchanged next rate cut expected to heat up

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