From Yonhap News:
South Korea's central bank unexpectedly raised the key interest rate by a quarter percentage point on Thursday in an apparent bid to contain growing inflationary pressure.
Bank of Korea (BOK) Gov. Kim Choong-soo and his fellow policymakers hiked the benchmark seven-day repo rate, dubbed the base rate, to 2.75 percent. It marked the third rate increase since the onset of the global financial crisis.
http://english.yonhapnews.co.kr/business/2011/01/12/0503000000AEN20110112008800320.HTML
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