South Korea's central bank cut rates by 25 basis points Tuesday to their lowest since August 2022, as it strives to stimulate a slowing economy.
The Bank of Korea reduced rates to 2.75% from 3%, in … [+3020 chars]
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast - CNBC
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.
By:Lim Hui Jie
Source:CNBC
Published:
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