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S. Korea central bank raises rates

07-09-2010 14:44 BJT

South Korea's central bank has also raised interest rates, for the first time since the onset of the financial crisis. The move indicates concerns over domestic inflation risks.

The Bank of Korea lifted its key interest rate by 25 basis points to 2.25 percent, from a record low of 2 percent.

Editor:Xiong Qu |Source: CCTV.com

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