Tag: holds rates
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Bank of Korea holds rates as expected after back-to-back hikes
SEOUL, Oct 22 : The Bank of Korea left its benchmark interest rate unchanged at 3.00 per cent on Thursday, pausing after back-to-back quarter-point hikes in July and August.The seven-member monetary policy board at the BOK voted to keep the seven-day repurchase rate at 3.00 per cent, a decision that was forec
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Dollar slips as Fed holds rates steady
NEW YORK, July 29 : The U.S. dollar fell across the board on Wednesday after the Federal Reserve held interest rates steady, a choice that may intensify questions about how U.S. central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2 per cent target.The widely expec
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