April 13, 2017 / 2:41 AM / 7 months ago

South Korea central bank chief says April rate decision was unanimous

SEOUL (Reuters) - The Bank of Korea’s decision to keep interest rates at a record low of 1.25 percent at Thursday’s monetary policy meeting was unanimous, Governor Lee Ju-yeol told a news conference.

Bank of Korea Governor Lee Ju-yeol attends at a news conference at Seoul Foreign Correspondent's Club January 22, 2015. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: BUSINESS POLITICS HEADSHOT)

Lee added that the central bank had raised its growth outlook for this year to 2.6 percent from its earlier forecast of 2.5 percent, and also revised up its inflation forecast to 1.9 percent from 1.8 percent.

Reporting by Cynthia Kim and Christine Kim

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below