Korea holds rates at record low

South Korea's central bank on Thursday 13 January froze its key interest rate for January at a record low of 3.25 per cent, citing robust exports.

At its monthly policy meeting, the Bank of Korea (BOK) left its January target for the call rate, or interest on overnight inter-bank loans, unchanged at a record low of 3.25 per cent.

"The current account sustains a surplus, thanks to robust exports," the central bank said in a statements.

It is the second consecutive month that BOK policymakers have