SEOUL -- The Bank of Korea raised its key rate by a quarter of a percentage point to 2.5% on Thursday in a bid to slow inflation that has stayed over 6% for the last two months.
Inflation
South Korea raises key rate by quarter point as inflation soars
BOK under pressure to stabilize local currency amid slide verses greenback
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The Bank of Korea raised its key rate by a quarter of a percentage point to 2.5% on Thursday. © Reuters
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