Bank of Korea Raises Benchmark Rate to 2.75% on July 16, Cites Financial Stability Risks
According to the Bank of Korea, the central bank raised its benchmark interest rate by 25 basis points to 2.75% on July 16. Bank Governor Shin Hyun-sung said the rate hike reflects concerns over financial stability risks and signaled the central bank will continue tightening, though the pace of
GateNews·07-16 13:51
