Bank of Korea:

Sees economy to grow 3% in 2017

  • 2017 inflation at 2 pct

Economy to grow 2.9 pct in 2018

  • 2018 inflation at 1.8 pct

BoK Governor Lee says conditions ripening for an adjustment to monetary policy

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The BoK left rates unchanged today:

  • Decision was not unanimous
  • Board member lee Il-Houng was sole dissenter