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Bank of Korea Raises Interest Rates in Surprise Move

June 09, 2011

South Korea's central bank on Friday raised its policy rate by a quarter point after holding it steady for the past two months, going against market expectations for no change and despite signs of a slowing economy and risks from the euro zone.

Source: http://www.cnbc.com/id/43348535?__source=RSS*tag*&par=RSS
 
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