MNI BOK WATCH: Board Shifts To Tightening Bias

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May-28 04:59By: Hiroshi Inoue
Bank of Korea+ 1

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Bank of Korea has shifted to a tightening bias from neutral amid concerns over higher inflation driven by a weak currency and elevated crude oil prices, Governor Shin Hyun-song said following the Board's decision Thursday to hold the Base Rate at 2.5...