Published

Bank of Korea to hold rates to ease pressure on battered won: Reuters poll

  • The Bank of Korea will maintain its key policy rate at 3.25 per cent to support the Korean won, as predicted by 90% of economists in a Reuters poll.
  • Economists forecast at least three rate cuts next year due to current economic pressures affecting the won.
  • Concerns over inflation from U.S. Policies and the Russia-Ukraine war have contributed to the won's 2 percent decline this month.
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Bias Distribution

  • 67% of the sources are Center
67% Center
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