South Korea signals end to rate cuts as FX, price risks grow

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SEOUL :South Korea's central bank kept interest rates unchanged for a fourth straight meeting on Thursday as a tumbling won reduced scope for further easing, signalling the bank could be nearing the end of its current rate cut cycle. The Bank of Korea's monetary policy board voted to keep the benchmark interest rate unchanged at 2.50 per cent, in line with expectations. It also raised both growth and inflation forecasts for this year to 1.0 per cent and 2.1 per cent respectively. Crucially, the

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South Korea signals end to rate cuts as FX, price risks grow https://www.channelnewsasia.com/ - 27.11.2025 06:32

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South Korea signals end to rate cuts as FX, price risks grow https://www.channelnewsasia.com/ - 27.11.2025 06:32