Korea Central Bank Pauses Again, Citing Currency and Inflation Risks

SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s central bank kept its benchmark interest rate unchanged Thursday, signaling caution as a weakening currency and persistent inflation risks narrowed the scope for further monetary easing. The Monetary Policy Board of the Bank of Korea voted unanimously to hold the policy rate at 2.5 percent, extending a pause [...]