Bank of Korea Kept Base Rate Unchanged at 1.25%
Seoul | 13th July 2017
The Monetary Policy Board of the Bank of Korea decided to leave the Base Rate unchanged at 1.25%.
” Bank of Korea Base Rate Unchanged at 1.25% “
The Board will conduct monetary policy so as to ensure that the recovery of economic growth continues and consumer price inflation can be stabilized at the target level over a medium-term horizon, while paying attention to financial stability. The target inflation had been set at 2%.
Official Press Release by The Bank of Korea