BANK OF KOREA MAINTAINED ITS POLICY RATE OF 0.5 PERCENT

Highlights –

• Bank of Korea maintained its policy rate of 0.5 percent.
• Bank of Korea in November 2020 had frozen the key rate due to economic uncertainty.
• The monthly exports in 2020 advanced 12.6 percent on-year to reach $51.4 billion.
• In Nov. 2020, BOK revised up its 2020 economic growth outlook to a 1.1 percent contraction.

The Bank of Korea (BOK), th....