Bank of Korea Holds Benchmark Rate at 3.00%
The central bank paused tightening after two consecutive increases, keeping its seven-day repurchase rate unchanged as inflation eased but remained above target.
By Kwanwoo JunSouth Korea's central bank held its policy rate steady after two consecutive increases, pausing its tightening as inflation eased but remained above target.The Bank of Korea on Thursday kept its benchmark seven-day repurchase rate at 3.00% after raising it in July and August. All 23 e…