This country’s central bank has also kept stable interest rate

11:55 - 25.05.2023

May 25, Fineko/abc.az. The Central Bank of Korea kept the interest rate at 3.50% for the third year in a row.

ABC.AZ reports with reference to the foreign press that in fact, economists also expected that there would be no change in interest rates. That is, the bank justified the forecasts of economists.

The bank's Monetary Policy Committee also conducted its assessment. The Board of Directors announced that it will evaluate changes in internal and external conditions related to the need for further interest rate increases on the policy.