BOK freezes key rate at 3 percent

Bank of Korea Gov. Rhee Chang-yong bangs the gavel to open a Monetary Policy Committee meeting at the central bank in Seoul on Jan. 16, 2025. The central bank held its key interest rate steady at 3 percent following its two successive rate cuts amid concerns about the weak local currency and uncertainties stemming from the new Donald Trump administration. (Pool photo) Yonhap)

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