S.Korea Raises Interest Rate By 25 Basis Points To 0.75 Percent
SEOUL, Aug 26 (NNN-YONHAP) – South Korea’s central bank, today, raised its policy rate by 25 basis points, marking the first rate hike in 15 months, amid the continued COVID-19 pandemic. Bank of Korea (BOK) Governor, Lee Ju-yeol, and other monetary policy board members, decided to lift the benchmark seven-day…
