Bank of Korea keeps key interest rate unchanged at 0.75% in April
한국은행, 4월 기준금리 0.75%로 동결
Just coming in...
The Bank of Korea has kept its benchmark interest rate unchanged at point-75 percent for April.
This follows the central bank's decision last month to slash rates at an emergency meeting called as a result of the COVID-19 outbreak.
And that decision likely to have come as the central bank opted to monitor the impact of the current measures already imposed.
The monetary policy board will also come up with measures to boost market liquidity.
We'll have more details during our next newscast at noon, Korea time.
Just coming in...
The Bank of Korea has kept its benchmark interest rate unchanged at point-75 percent for April.
This follows the central bank's decision last month to slash rates at an emergency meeting called as a result of the COVID-19 outbreak.
And that decision likely to have come as the central bank opted to monitor the impact of the current measures already imposed.
The monetary policy board will also come up with measures to boost market liquidity.
We'll have more details during our next newscast at noon, Korea time.