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Why Did Bank of Korea Refrain From Cutting Interest Rates?

Feb.26 -- Chong Hoon Park, head of Korea economic research at Standard Chartered Bank, talks about South Korea's monetary policy and how the coronavirus outbreak is affecting the economy. The Bank of Korea left its key interest rate unchanged despite mounting evidence of an economic hit from the coronavirus, and said it will raise the cap for cheap loans available to companies affected by the epidemic. Park speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Markets: China Open."