[Breaking] Bank of Korea Holds Base Rate at 3.5%... Halts Increase After 1.5 Years
![[Breaking] Bank of Korea Holds Base Rate at 3.5%... Halts Increase After 1.5 Years](http://www.asiae.co.kr/news/img_view.htm?img=2021061808010985412_1623970870.png)
The Monetary Policy Committee of the Bank of Korea decided on the 23rd to keep the base interest rate steady at 3.5%. Accordingly, the series of rate hikes that had continued since August 2021 was halted after about a year and a half.
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