Bank of Korea Raises Base Rate 25 Basis Points to 3.00%

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By Kim Hye-rankhr@sedaily.com
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[CAPTIONS]
Bank of Korea Governor Hyun Song Shin bangs the gavel at a monetary policy board meeting held at the central bank in Jung-gu, Seoul, on the morning of the 27th. Joint Press Corps - Seoul Economic Daily Finance News from South Korea
[CAPTIONS] Bank of Korea Governor Hyun Song Shin bangs the gavel at a monetary policy board meeting held at the central bank in Jung-gu, Seoul, on the morning of the 27th. Joint Press Corps

The Bank of Korea raised its base rate by 0.25 percentage point to 3.00%. The central bank's Monetary Policy Board made the decision at a meeting held on the 27th at its head office in Seoul's Jung District.

Original reporting by Kim Hye-ran for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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