South Korea keeps interest rate on hold

Note: This section contains information in English only.
Source: Marketwatch
The Bank of Korea announced holding the key interest rate unchanged at 3% for the second consecutive month. Analysts of the bank expect consumer price increase in coming month due to recent typhoon and higher oil and grain prices in the world market. However, these factors keep inflation in the target bands of 2% and 4% and bank's analysts consider the recent government spending expansion as an adequate prevention from the economic slowdown for the current moment.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.