South Korea delivers 0.25% rate hike
Edited By WION Video Desk
Published: Aug 25, 2022, 06:16 IST | Updated: Aug 25, 2022, 06:16 IST
South Korea's central bank raised its key interest rate by a quarter-percentage point on Thursday and significantly lifted inflation forecasts, signalling more policy tightening, which sent bond yields and the local currency higher.
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