S. Korea freezes policy rate at 2.50 pct for 6th time
SEOUL, Feb. 26 (Xinhua) -- South Korea's central bank on Thursday froze its policy rate for the sixth successive time amid lingering uncertainties such as the still high exchange rate and the massive household debt.
The Bank of Korea (BOK) decided to leave the benchmark seven-day repurchase rate unchanged at 2.50 percent.
The BOK made the rate freeze decision in January and February this year and in July,