[Breaking] Bank of Korea Holds Base Rate at 3.5% for 8th Consecutive Time
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On the 11th, the Monetary Policy Committee of the Bank of Korea decided to keep the base interest rate steady at 3.5% per annum during its monetary policy meeting. Since raising the base rate to 3.5% in January last year, the committee has maintained it at this level for seven consecutive times, including in February, April, May, July, August, October, November, and January.
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