Central Bank of Korea proves the main interest rate
Seoul on April 17/ WAM/ Central Bank of Korea kept the main interest rate unchanged today, “Thursday”, despite the slowdown in growth, in an attempt to stabilize the local currency; Amid doubts about the comprehensive customs duties plan for the United States.
The Korean Yonhap News Agency reported that the Korea Bank’s Monetary Policy Committee kept the main interest rate unchanged at 2.75% during a meeting to determine the interest rate in Seoul.
This decision comes in the wake of a quarter of a percentage of interest rates at the previous meeting in February, which was the third reduction since October 2024, when the Central Bank of Korea started the cash facilitation course for the first time since August 2021.
Today, “Thursday” decision stressed the Central Bank of Korea’s focus on maintaining financial stability, even at a time when it balances support for economic growth and market protection.
– Khal –
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