Bank of Korea freezes interest rate at 0.75%
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The Monetary Policy Board of the Bank of Korea (BOK) has frozen its base interest at 0.75%.The board made the announcement on Oct. 12. The BOK raised the base rate to 0.75% this past August from an all-time low of 0.50%.The 0.50% rate was set in May 2020 as an attempt to offset some of the COVID eco
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