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News about Interest Rates
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Central Bank · SeoulSouth Korea’s central bank left its key interest rate unchanged on Thursday, keeping the benchmark rate at 2.5 percent while slightly raising its growth outlook for the year. The decision comes against the backdrop of soaring housing prices in Seoul and persistent uncertainties tied to U.S. trade policies under President Donald Trump. Asia’s fourth-largest economy has shown resilience, expanding more than expected in the second quarter as robust…See the Story
Bank of Korea Holds Rates Amid Concerns Over Housing, Lending
Coverage: 2 sources
Interest Rates · ArgentinaArgentina's financial system is experiencing significant tension as a new reserve requirement scheme from the Central Bank (BCRA) forces financial institutions to drastically raise interest rates on fixed-term deposits. The average rate for a 30-day fixed-term deposit has jumped to 51.3%, a substantial increase from just a few weeks prior.See the Story
Argentina: Interest Rates Soar in Response to New BCRA Rules
100% Left coverage: 1 sources
