南韓意外降息 - 理財

S. Korea’s central bank unexpectedly
lowers key interest rate by 25 basis points to 3 percent

By Associated Press, Updated: Thursday, July 12, 9:32 AMAP

SEOUL, South Korea —
South Korea’s central bank has unexpectedly lowered its key interest rate
after keeping the policy rates unchanged for more than a year.

The Bank of Korea said Thursday that its policymakers
cut the benchmark seven-day repurchase rate
by a quarter of a percentage point to 3 percent.

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The surprise decision highlights growing external threats
to Asia’s fourth-largest economy and the need to
stimulate domestic demand amid Europe’s persisting debt woes.
South Korea’s government cut the country’s 2012 growth
outlook to 3.3 percent from 3.7 percent last month.

The rate cut is South Korea’s first since February 2009
when the central bank lowered its policy rate by 50 basis points to 2 percent.
The bank raised key interest rates in five steps
between July 2010 and June 2011 to 3.25 percent.

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