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وكالة الأنباء القطرية
South Korea's Central Bank Maintains 3% Rate
The Bank of South Korea kept the main interest rate at 3 percent for the October meeting, aiming to control inflation, which continued to rise, reaching 3.1 percent in August and 2.9 percent in September. The bank continues its tight monetary policy until inflation returns to its 2 percent target. Regarding growth, the bank forecasts an increase to 3.3 percent in 2026, supported by exports of semiconductors and demand for AI infrastructure, with expectations of raising interest rates again at the upcoming November meeting.
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