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South Korea Central Bank Keeps Rate On Hold

South Korea's central bank retained its key interest rate for the fifth consecutive meeting and reiterated to keep the policy restrictive. The Monetary Policy Board of the Bank of Korea, governed by Rhee Chang-yong, decided to leave its policy rate at 3. ....

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Israel criticizes prisoner swap agreement between US, Iran

Israel criticizes prisoner swap agreement between US, Iran
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South Korea raises interest rates again to combat soaring inflation

South Korea s central bank on Aug. 25 raised its benchmark interest rate again, following its first "big-step" rate hike the previous month, to further fight soaring inflation amid increased economic downside risks. ....

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