Seoul - Yonhap
South Korea's central bank froze the key interest rate for the 12th straight month on Friday amid concerns that the deadly sinking of the passenger ferry Sewol is feared to weaken consumer spending. Bank of Korea (BOK) Gov. Lee Ju-yeol and his five fellow policymakers unanimously held the benchmark seven-day repo rate, called the base rate, at 2.5 percent as widely expected.