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BANK OF KOREA FREEZES ITS POLICY RATE FOR FEBRUARY

Published On 27 Feb 2020 06:34 AM


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Highlights

  • Korean Central Bank keeps policy rate steady
  • Monetary Policy board meeting held on Thursday
  • Korea’s household debt increases

South Korea’s central bank, The Bank of Korea (BOK) on Thursday kept its policy rate steady amid the growing economic fallout due to COVID-19. It slashed its growth outlook just after three months in the face of moun....


Tags : BANK OF KOREA, COVID-19, MONETARY POLICY, POLICY RATE FROZEN,
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