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BOK keeps key rate at record low amid lingering uncertainties

South Korea's central bank on Thursday held its benchmark policy rate unchanged at a record low of 0.5 percent, as the third wave of the new coronavirus undermined the scope of sustaining an economic recovery. As widely expected, the monetary policy board of the Bank of Korea (BOK) voted to leave the base rate steady in this year's second rate-setting meeting. In a statement, the BOK said South Korea's economy has continued to recover at a modest pace, supported by exports and facility invest

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