South Korea freezes key rate in surprise decision Shoppers browse at goods on sale in Seoul. South Korea’s central bank Friday froze the key interest rate for the second straight month despite inflation pressure, amid continuing economic uncertainty … Read more on AFP Journal Internet Finance News (EU) via Yahoo! UK & Ireland Finance Deputies […]
Bank of Korea Raises Benchmark Interest Rate to 3% The Bank of Korea raised the benchmark interest rate to 3 percent from 2.75 percent, it said in Seoul today. The decision was forecast by all 15 economists surveyed by Bloomberg News. Read more on BusinessWeek Friday preview: JD Wetherspoon, Luminar… Leisure moves centre stage tomorrow […]