#bankofkoreahikesratesto3%
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Bank of Korea raises rates to 3
.00%, marking its second hike in two months.

The Korean won has surged more than 12% against the US dollar since June, gaining another 0.56% today.

The BOK forecasts
3.3% GDP growth for 2026, while inflation is expected to remain above its 2% target.
$ONT
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