Bank of Korea holds rates after year of non-stop hikes
Business
Governor Rhee Chang-yong is due to hold a news conference soon.
SEOUL (Reuters) - South Korea's central bank kept interest rates unchanged on Thursday, matching market expectations and ending an uninterrupted run of hikes for a year.
The Bank of Korea's monetary policy board held its policy interest rate (KROCRT=ECI) steady at 3.50%, in line with a unanimous call by the 42 economists in a Reuters poll.
Governor Rhee Chang-yong is due to hold a news conference soon.
