Korea holds rates at 5%

The Bank of Korea's Monetary Policy Committee decided on Thursday to keep its call rate target at 5%.

The rate hold, the third in a row for the central bank, was widely expected.

The central bank said the Korean economic growth was likely to continue accelerating: "While the expansion of investment has slowed down, exports continue to post robust growth and private consumption shows a steady increase." But it warned it was difficult to judge how accurate this forecast would prove because of the

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