BOK holds key rate steady to shore up weak currency

BOK holds key rate steady to shore up weak currency

Bank of Korea Gov. Rhee Chang-yong attends a press conference at the central bank in Seoul on April 17, 2025, after the central bank kept its benchmark interest rate unchanged, despite sluggish growth, in an effort to stabilize the local currency amid uncertainties regarding the United States' sweeping tariff scheme. (Pool photo) (Yonhap)

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