S. Korea cuts rates to record low over virus impact

S. Korea cuts rates to record low over virus impact

Photo taken May 28, 2020, shows the Bank of Korea in Seoul. South Korea's central bank decided the same day to lower the benchmark interest rate by 0.25 percentage point to a record-low 0.50 percent to tackle the economic fallout caused by the coronavirus pandemic. (Kyodo) ==Kyodo

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