Home Bank of Korea hikes – TDS

Bank of Korea hikes – TDS

Updated: 30 Nov. 2018 | 08:57

Analysts at TD Securities note that the Bank of Korea has hiked its 7-Day repo rate by 0.25% at its November meeting to 1.75%, with 2 out of 7 board members voting against the hike.

Key Quotes

“This is the first rate hike since November last year. Record household debt and the widening gap between Korean/US rates motivated the BoK to hike.”

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