SEOUL (Reuters) – South Korea’s central bank left interest rates at a 15-year high on Friday as stubborn inflation and strong exports growth gave policymakers reason to hold off easing policy.
The Bank of Korea (BOK) held its benchmark rate at 3.50% at a policy review in Seoul, keeping it unchanged for a 10th straight meeting as expected by all 39 analysts polled by Reuters.
Governor Rhee Chang-yong holds a news conference at around 0210 GMT, which will be livestreamed via YouTube.
(Reporting by Cynthia Kim. Editing by Sonali Paul)
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