Bank of Korea Governor Lee Chang-yong bangs the gavel at a Monetary Policy Board meeting on monetary policy direction at the central bank's headquarters in Jung-gu, Seoul, on Jan. 15. [Photo: Bank of Korea]

The Bank of Korea's Monetary Policy Board on Thursday kept the benchmark interest rate unchanged at the current 2.50 percent at its first meeting on monetary policy direction of the new year. It marks a fifth straight hold since July last year.

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