Business

Bank of Korea holds key rate steady for 7th straight meeting

Apr 12, 2026

Seoul [South Korea], April 12: he Republic of Korea's central bank kept its benchmark rate unchanged on Friday, according to Yonhap News Agency.
In a widely anticipated decision, the Monetary Policy Board of the Bank of Korea (BOK) held the key rate steady at 2.5 percent in its latest rate-setting meeting in Seoul.
It marked the seventh consecutive on-hold decision, even as the central bank remains in an easing cycle.
The BOK began monetary easing in October 2024 and has cut the benchmark interest rate by a cumulative 100 basis points from 3.5 percent to support economic growth, but it has kept it unchanged since July 2025.
Source: Emirates News Agency

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Saigon through the lens of Pham Cong Luan's childhood

Writer and journalist Pham Cong Luan has just released two new works: "The Eight Immortals of the Mouse Village" and "The Wanderer at the Train Station Market." This pair of works is deeply marked by the memories and culture of Saigon, intended for children and readers who have experienced childhood. On the morning of April 11th at the Ho Chi Minh City Book Street, journalist and writer Pham Cong Luan held a book launch and discussion for two books, "Eight Immortals of the Mouse Village " and "The Wanderer at the Train Station Market " (published jointly by the Vietnam Writers Association Publishing House and Nha Nam Culture and Communication Company).

Apr 12, 2026