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Bank of Korea Surprises With No Interest Rate Cut

April 11, 2013 1:37 AM
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Bank of Korea Surprises With No Interest Rate Cut

Text Size Published: Wednesday, 10 Apr 2013 | 9:26 PM ET

South Korea's central bank surprised markets by holding interest rates steady on Thursday, resisting political pressure for a cut and opting to further assess the effects from the government's stimulus steps and tensions with North Korea.

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