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Korea's central bank holds key rate at 2.5% in March

Updated: 2014-03-13 21:57:33 (KST)
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There were no surprises in the final rate-setting session for outgoing Bank of Korea Governor Kim Choong-soo whose four-year term ends at the end of this month.
The central bank has left its key interest rate UNCHANGED at two-and-a-half percent for the tenth straight month in March.
Following its monthly monetary policy meeting on Thursday, the BOK said the economy at home and abroad are continuing to recover at a moderate pace but did note the risks coming from emerging markets.
The nation's inflation rate ran below the central bank's target band for the 21st straight month in February, standing at one percent.


Reporter : emilyfwang@arirang.co.kr

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