BOK holds key rate steady at 3% after 2 consecutive rate hikes
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The Bank of Korea kept its benchmark interest rate unchanged Thursday following two consecutive rate hikes to tame accelerating inflation amid protracting Middle East tensions and robust exports. In a widely anticipated decision, the BOK's Monetary Policy Board held the key rate steady at 3 percent in its rate-setting meeting. The rate freeze came after the BOK raised the benchmark rate in its July and August meetings, citing "preemptive action" to curb mounting inflationary pressure and ensure
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- https://www.koreaherald.com/article/10910965
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- 22/10/2026 01:04 UTC
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- 22/10/2026 01:08 UTC
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