ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »Bank of Korea keeps rate unchanged
Bloomberg South Korea’s central bank kept its key interest rate unchanged in the face of rising risks while pushing back against suggestions it may lower borrowing costs before too long. All but one of 25 analysts surveyed by Bloomberg had forecast the Bank of Korea would keep the seven-day repurchase rate at 1.75 percent, while one projected a 25-basis-point cut. …
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