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

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BENGALURU: The Bank of Korea will keep its key policy rate at 3.25 per cent this week to support the Korean won against a strong US dollar, according to a majority of economists in a Reuters poll who forecast at least three rate cuts next year. Fears US President-elect Donald Trump's policies will drive up inflation in the world's largest economy and the escalation of the Russia-Ukraine war have strengthened the dollar against most major currencies, including the won, which is down 2 per cent

Tag-uri: Inflatie Donald Trump

Bank of Korea to hold rates to ease pressure on battered won: Reuters poll https://www.channelnewsasia.com/ - 26.11.2024 04:36
Bank of Korea to hold rates to ease pressure on battered won: Reuters poll https://www.channelnewsasia.com - 26.11.2024 03:41

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Bank of Korea to hold rates to ease pressure on battered won: Reuters poll https://www.channelnewsasia.com/ - 26.11.2024 04:36
Bank of Korea to hold rates to ease pressure on battered won: Reuters poll https://www.channelnewsasia.com - 26.11.2024 03:41
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