Even as exports and inflation rise, South Korea’s central bank left its policy rate constant on Thursday, citing a revival of COVID-19 cases as a threat to the economy’s recovery. In a Reuters poll, all 36 analysts predicted the Bank of Korea’s monetary policy board to keep the benchmark interest rate at its current record low of 0.50 percent.
At 0220 GMT, Governor Lee Ju-yeol will hold a press conference.
(Cynthia Kim and Joori Roh contributed reporting; Sam Holmes edited the piece.)
Reuters is the source of this information./n
