Bloomberg Television
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Bank of Korea Joins the Tightening Trend With Rate Hike
Posted
April 14, 2022
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2,367
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33
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April 14, 2022
2,367
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0:59Now PlayingThe Bank of Korea raised its key interest rate as central banks worldwide are struggling to cool consumer prices fueled by pandemic-era stimulus and exacerbated by Russia's invasion of Ukraine. The BOK increased its seven-day repurchase rate by 25 basis points to 1.5%. Kathleen Hays reports on "Bloomberg Markets: China Open."
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