[Photo] Bank of Korea Lowers Interest Rate for the First Time in 38 Months
by Kang Jinhyoung
Published 11 Oct.2024 10:32(KST)
Updated 11 Oct.2024 10:44(KST)
![[Photo] Bank of Korea Lowers Interest Rate for the First Time in 38 Months](http://www.asiae.co.kr/news/img_view.htm?img=2024101110295554973_1728610195.jpg)
The Monetary Policy Committee of the Bank of Korea decided on the 11th to lower the base interest rate by 0.25 percentage points from the previous 3.50% to 3.25% at the monetary policy direction meeting. Lee Chang-yong, Governor of the Bank of Korea, is presiding over the base interest rate monetary policy meeting. Photo = Joint Press Corps
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