Key rate unchanged for 11th consecutive time

Key rate unchanged for 11th consecutive time

Bank of Korea Gov. Rhee Chang-yong (C) presides over a Monetary Policy Committee meeting at the central bank in Seoul on May 23, 2024. The meeting decided to freeze the central bank's key rate at 3.5 percent for the 11th straight time, citing prolonged high inflation. (Pool photo) (Yonhap)

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