INTERNATIONAL
2 min readSouth Korea Holds Interest Rate Amid Housing Concerns and US Trade Issues
TrueGov Editorial Team•3 months ago•2 min read
Bank of Korea pauses rate cuts as it navigates property market and US relations
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South Korea's central bank maintained its current policy interest rates on Thursday, citing concerns over a resurgent housing market and the won's depreciation against the dollar. The decision reflects growing caution about financial stability amid an overheating property sector and uncertainty regarding trade relations with the United States.