South Korea's central bank cites war uncertainty in cautious approach, minutes show
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SEOUL, April 28 : South Korea's monetary policy board said a cautious, wait-and-see approach is appropriate for now as heightened uncertainty from the Iran war warrants more monitoring of its impact on growth and inflation, minutes from central bank's previous meeting showed on Tuesday. "While the focus has been on financial stability until the beginning of the year, I believe we should shift our focus to alleviating inflationary pressure for the time being," one member said. The Bank of Korea'
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