SEOUL (Reuters) -- South Korea's central bank kept policy interest rates unchanged on Thursday as a resurgence in home prices and a declining currency against the dollar reduced the scope for further easing.
Markets
Bank of Korea holds rates as hot housing market narrows scope for easing
Decision widely expected by economists as won keeps sliding against dollar
Economists' median expectation for the Bank of Korea's monetary policy is now for one more cut in November and then a prolonged pause. (Photo by Kotaro Hosokawa)
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