The Bank of Korea (BoK) left interest rates on hold today for the eleventh consecutive month in what was Lee Ju-yeol’s first meeting as new governor. As a former deputy governor with 35 years of experience at the central bank, Mr Lee is widely regarded as a safe pair of hands. We continue to expect rates will be left at their current lows until at least the end of the year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.