[Photo] Bank of Korea Lowers Base Interest Rate for the First Time in 4 Years and 5 Months

On the 11th, the Monetary Policy Committee of the Bank of Korea decided to lower the base interest rate by 0.25 percentage points from the previous 3.50% to 3.25% at the monetary policy direction meeting. Lee Chang-yong, Governor of the Bank of Korea, is striking the gavel to finalize the decision to cut the base interest rate. Photo = Joint Press Corps