BOK DECIDED TO MAINTAIN THE ACCOMODATIVE MONETARY POLICY NEXT YEAR

Highlights –

• BOK decided to maintain the accommodative monetary policy next year.
• The central bank will closely watch the side-effects of monetary easing.
• It has been predicted that the country’s economy is likely to grow by 3% next year.
• The BOK is also expecting consumer prices to grow 1 percent next year.

The Bank of Korea (BOK) on Friday annou....