Bank of Korea Raises Benchmark Rate for First Time in a Year
Lee Ju-yeol, governor of the Bank of Korea, speaks during a news conference in Seoul, South Korea. (Photographer: SeongJoon Cho/Bloomberg)

Bank of Korea Raises Benchmark Rate for First Time in a Year

(Bloomberg) -- The Bank of Korea raised its key interest rate for the first time in a year, choosing to prioritize heading off financial imbalances despite an uncertain economic outlook.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.