South Korean central bank raises rates to 1.50%

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South Korean central bank raises rates to 1.50%
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South Korean central bank raises rates to 1.50% By ross_burland SouthKorea CentralBanks

''In a rate review held without a governor for the first time ever, the Bank of Korea's Monetary Policy Board voted to raise the benchmark interest rate by a quarter of a percentage point to 1.50%, an outcome only 11 of 29 economists foresaw in a Reuters poll.

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