South Korea raises interest rates for the first time in three and a half years, aiming to curb price rises in response to Iranian situation
⚡ Quick Summary
South Korea's central bank held a monetary policy meeting on the 16th and decided to raise the policy interest rate by 0.25%.
South Korea's central bank held a monetary policy meeting on the 16th and decided to raise the policy interest rate by 0.25%. This is the first interest rate hike in three and a half years, and the aim is to curb the rise in prices caused by the situation in Iran and other factors.
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