Off the wire
Uruguayan coach Munua says goodbye to Nacional  • FLASH: S. KOREA CUTS INTEREST RATES FROM 1.5 PCT TO 1.25 PCT  • Tokyo stocks open lower as machinery orders data misses expectations  • New Zealand's Maoris falling off property ladder in their homeland  • Dollar changes hands in upper 106 yen range in early deals in Tokyo  • Venezuelan pole vaulter wins gold in France  • Interview: Mexico's new open model endangers small liquid petroleum gas distributors  • Canadian stocks retreat as energy falls on profit-taking  • Bolivian president suspends participation in EU, ALBA meetings due to knee operation  • Less than 12 pct of Brazilians approve of interim gov't: poll  
You are here:   Home

Urgent: S. Korea cuts interest rates from 1.5 pct to 1.25 pct

Xinhua, June 9, 2016 Adjust font size:

Bank of Korea (BOK), South Korea's central bank, on Thursday cut its benchmark interest rate from 1.5 percent to 1.25 percent, unexpectedly lowering the rate in 12 months. Enditem