South Korea's central bank cuts base rate to 1.75% in surprise move
South Korea's central bank
Seoul - Yonhap
South Korea's central bank unexpectedly slashed the base rate to a record low of 1.75 percent on Thursday, pressed for policy efforts to boost growth and inflation in Asia's fourth-largest economy.
The rate cut is the first since October, when the Bank of Korea (BOK) brought down the key rate to a record-matching low of 2 percent. The monetary policy committee has since then unanimously voted to keep the base rate on hold.
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Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
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