Bank of Korea holds key rate at 2.75% amid rising global uncertainty
The Bank of Korea (BOK) has decided to keep its benchmark interest rate unchanged at 2.75%, signaling a shift toward a wait-and-see approach amid growing domestic and global uncertainty.
At its monetary policy meeting on April 16, the central bank’s Monetary Policy Board announced it would hold the current rate, pausing a streak of rate cuts. The BOK had pr..