Korea holds amid concern over government influence

Bank of Korea, Seoul

The Bank of Korea left its base rate unchanged at 2% on Friday, a day after the announcement that the government would be present at monetary policy meetings sparked speculation that its independence could be compromised.

Despite resurgence in domestic economic activity, demand and exports, the recovery remained fragile, the central bank noted. "There still remains uncertainty as to the economic growth path due to the risk of delay in a full-fledged recovery of the major advanced economies," it

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