SEOUL, Feb. 9 (Yonhap) -- South Korea's central bank on Thursday kept the key interest rate steady for the eighth straight month in February as an unstable inflation outlook and an economic slowdown continue to challenge Asia's fourth-largest economy.
Bank of Korea (BOK) Gov. Kim Choong-soo and his six fellow policymakers held the benchmark 7-day repo rate at 3.25 percent in February, as widely expected.
All 14 analysts surveyed by Yonhap Infomax, the financial news arm of Yonhap News Agency, predicted that the central bank would keep the borrowing costs unchanged this month.
