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HomeBusinessBOK delivers back-to-back rate hikes, signals gradual tightening ahead

BOK delivers back-to-back rate hikes, signals gradual tightening ahead

SEOUL, Aug 27: The Bank of Korea on Thursday raised its benchmark interest rate by a quarter percentage point to 3. 00 per cent, delivering a second straight increase as inflation stays above target and financial stability risks persist. Following the decision, Governor Shin Hyun Song signaled that the bank wo

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