MNI BOK WATCH: Governor Cautiously Flags Cuts

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Jul-10 06:04By: Hiroshi Inoue
Bank of Korea+ 1

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Bank of Korea Governor Rhee Chang-yong on Thursday signalled further rate cuts ahead amid a deteriorating economic outlook, but refrained from detailing the timing, following the board's decision to hold the base rate at 2.5%. "Regarding future mone...