Kwon Sees BOK Rates on Hold for `Foreseeable Future’

Nov. 11 (Bloomberg) — Goohoon Kwon, co-head of Korea research at Goldman Sachs Group Inc. in Seoul, talks about the outlook for Bank of Korea monetary policy and the nation’s currency. South Korea’s central bank held off from raising borrowing costs for a fifth straight month as Europe’s deepening debt crisis and slowing domestic growth prompt the central bank to pause its fight against inflation. Kwon speaks with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)

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