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View Full Version : Bank of Korea Holds Interest Rate for Seventh Month on Europe, Weaker Won - Bloomberg



NewsWhore
01-12-2012, 08:50 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGIEvqFMP9jHJbotjeNn3mZr8tzTQ&url=http://www.bloomberg.com/news/2012-01-13/bank-of-korea-holds-interest-rate-for-seventh-month-on-europe-weaker-won.html)
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Bank of Korea Holds Interest Rate for Seventh Month on Europe, Weaker Won (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGIEvqFMP9jHJbotjeNn3mZr8tzTQ&url=http://www.bloomberg.com/news/2012-01-13/bank-of-korea-holds-interest-rate-for-seventh-month-on-europe-weaker-won.html)
Bloomberg
The currency fell 8 percent over the past six months. A weakening won makes imported goods more expensive, keeping inflation pressures elevated. South Korea&#39;s consumer prices rose 4.2 percent from a year earlier in November and December, exceeding the ...

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