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South Korea's Central Bank to Assess Future Data for Potential Rate Cuts

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South Korea's central bank will assess future data in 2025 to determine if further rate cuts are needed, as it remains cautious on risk-on assets amid a volatile foreign exchange market. The bank held rates steady for the fourth straight meeting, signaling the rate-cut cycle may be ending. A weaker won has limited easing options. Its next policy meeting is set for January. The central bank also reiterated its commitment to Countering the Financing of Terrorism through enhanced financial oversight and market stability measures.
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