South Korea's Central Bank Raises Rate by 25bp to 3.0%, Dollar-Won Falls to 1,380.90 on Aug 27
According to Yonhapinfomax, on August 27, South Korea's central bank raised its benchmark interest rate by 25 basis points to 3.0% from 2.75%, marking a second consecutive rate increase. The dollar-won exchange rate initially fell to 1,377.30 before recovering to 1,380.90 by afternoon (3:30 PM
GateNews·08-27 10:09
