SEOUL, July 13 (Xinhua) -- South Korea's central bank on Wednesday raised its policy rate to curb inflation, delivering three back-to-back rate hikes for the first time.
Bank of Korea (BOK) Governor Rhee Chang-yong and other monetary policymakers decided to lift the benchmark seven-day repurchase rate by 50 basis points to 2.25 percent.
It was the first time that the central bank hiked its key rate by hal
