(Bloomberg) -- South Korea's central bank kept the
benchmark interest rate unchanged for a 10th month, saying
inflation is ``stable'' and economic growth is showing ``clearer
signs'' of a rebound.
The Bank of Korea, led by Governor Lee Seong Tae, left the
overnight call rate at 4.5 percent in Seoul today, as expected
by all 14 economists surveyed by Bloomberg News. The bank
increased borrowing costs three times in 2006.
Read more at Bloomberg Emerging Markets News
benchmark interest rate unchanged for a 10th month, saying
inflation is ``stable'' and economic growth is showing ``clearer
signs'' of a rebound.
The Bank of Korea, led by Governor Lee Seong Tae, left the
overnight call rate at 4.5 percent in Seoul today, as expected
by all 14 economists surveyed by Bloomberg News. The bank
increased borrowing costs three times in 2006.
Read more at Bloomberg Emerging Markets News
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