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Tag: Bank of Korea rate hike

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Bank of Korea Raises Interest Rates to 2.75% as Inflation Pressures Return

By Aanchal Singh
★ Save Friday, July 17, 2026 3 mins read
Bank of Korea Raises Interest Rates to 2.75% as Inflation Pressures Return

South Korea has just taken a major step against inflation. The Bank of Korea in Thailand hiked its key interest rate to 2.75% on Thursday. Not only is this the first rate hike in over three years, but also represents…

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