Today news
About the same in other media
South Korea Raises Interest Rates Back to Pre-Pandemic Level
Reading now: 281
wsj.comSouth Korea raised interest rates to their pre-pandemic level to fight inflation and signaled that more increases could be coming later in the year.
The central bank increased its benchmark seven-day repurchase rate by 0.25 percentage point to 1.25% on Friday. The bank had raised the rate in August and November, becoming the first developed economy in Asia to do so.
Read more on wsj.comAbout this in other media
US Federal Reserve indicates increase in interest rates as inflation rises theguardian.com /2 years ago
South Korea: Bitcoin investigations to ascertain household holdings ambcrypto.com /2 years ago
Days before Beijing 2022, cautious South Korea completes first phase of CBDC pilot ambcrypto.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
