South Korea’s central bank doubles down on interest rate cuts

South Korea's central bank announced a surprise decision to cut its benchmark interest rate for a second consecutive session on November 28th. The BOK’s monetary policy committee reduced the interest rate by 25 basis points to 3%, clearly indicating the central bank's policy focus on reviving the country's economic growth momentum. source: https://www.cryptopolitan.com/south-koreas-on-interest-rate-cuts/