BANK OF KOREA ANNOUNCES UNCHANGED RECORD LOW POLICY RATE AT 0.5 PERCENT

Highlights –

• Bank of Korea announces unchanged record low policy rate at 0.5 percent.
• The country’s central bank maintained its growth outlook for the year at 3 percent.
• The BOK also raised its growth outlook of exports for 2021 to 7.1 percent from 5.3 percent.
• Facility investment is expected to grow 5.3 percent in 2021.

The Bank of Korea on Thurs....