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Rhee Chang yong

Business

Bank of Korea keeps rate, growth forecast steady

The Bank of Korea (BOK) kept the key rate unchanged at 3.50 percent on Thursday for a fifth consecutive time. It was a unanimous decision by the...
Business

Bank of Korea holds rate steady at 3.5 percent

The Bank of Korea kept its policy rate unchanged Thursday for the fourth consecutive time, holding it at 3.5 percent. It was a widely expected...
Business

Won renews 13-year low against the dollar on Friday

The won renewed a 13-year low against the dollar on Friday, punching through the 1,320-won mark.   It reached as low as 1,326.10 won, down more...

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