Politics British Columbia

Roundup: S. Korea raises policy rate by 25 bps to 2.75 pct

BC Post Staff Source: Bignewsnetwork Jul 15, 2026 Updated Jul 15, 2026 1 min read 5 views

British Columbia Source: Bignewsnetwork

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SEOUL, July 16 (Xinhua) -- South Korea's central bank raised its policy rate by 25 basis points on Thursday, turning toward monetary tightening in about three and a half years amid stubborn inflation, solid economic growth, massive household debt and high exchange rate volatility. Bank of Korea (BOK) Governor Shin Hyun-song and other monetary policymakers decided to increase the benchmark seven-day repurchase ra

Published: Jul 15, 2026
Updated: Jul 15, 2026
Source: Bignewsnetwork
Category: Politics
Read time: 1 min

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SectionPolitics

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SourceBignewsnetwork

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PublishedJul 15, 2026

UpdatedJul 15, 2026

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