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S Korea central bank holds interest rates
The Star
|August 29, 2025
SOUTH Korea kept interest rates unchanged yesterday while nudging its growth forecast slightly up, as the country faces high house prices and uncertainty over US President Donald ‘Trump’s tariff war.
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Asia's fourth-largest economy grew more than expected in the second quarter of this year as strong demand for semiconductors propelled exports to their largest gains in nearly five years.
The Bank of Korea (BOK) said yesterday it would hold its benchmark interest rate at 2.5%, as forecast.
“While inflation remains ona stable path, uncertainty over the growth outlook is still high,’ the BOK said.
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