Bank of Korea holds monetary policy meeting to announce interest rates

Bank of Korea holds monetary policy meeting to announce interest rates


This just coming in… In a widely expected move…the Bank of Korea
has kept its benchmark interest rate unchanged at one-point-five percent for August. This came during its sixth monetary policy
meeting in 2018. The central bank has been maintaining its
key rate since November last year… when it raised the rate by a quarter percentage
point. We’ll have more details during our next newscast
at noon, Korea time. This just coming in… The Bank of Korea has raised its benchmark
interest rate by 25 basis points to one-point-75 percent. This came during the sixth monetary policy
meeting in 2018. The nation’s central bank had maintained its
key rate since November last year… when it raised the rate by a quarter percentage
point. We’ll have more details during our next newscast
at noon, Korea time. This just coming in… The Bank of Korea has cut its benchmark interest
rate by 25 basis points to one-point-25 percent. This came during the sixth monetary policy
meeting in 2018. The nation’s central bank had maintained its
key rate since November last year… when it raised the rate by a quarter percentage
point. We’ll have more details during our next newscast
at noon, Korea time.

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