The Bank of Korea Hold Interest Rates at 3.25%

Bank of Korea said that it would maintain the policy interest rate at 3.25% level, according to expectations.

The central bank began raising its benchmark interest rate 2.0% from a record low in July 2010.

Separate poll of economists by Reuters and Dow Jones Newswires had forecast the bank will continue to survive, although the majority polled by Reuters said that Korea will raise interest rates 2.25% points before 2012.

Dow Jones Newswires said, 9 out of 12 surveyed economists forecast a rise next month.

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