ABU DHABI / WAM ADGM, the international financial centre of Abu Dhabi, is entering its …
Read More »Bank of Korea holds fire on interest rates
Bloomberg The Bank of Korea left its key interest rate unchanged as an escalating US-China trade war and meager job growth threaten to sap momentum in Asia’s fourth-largest economy. Eleven of 18 analysts surveyed by Bloomberg forecast the central bank to keep the seven-day repurchase rate at 1.5 percent. The rest predicted a hike to 1.75 percent. When Governor Lee …
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