South Korea’s central bank warned on Thursday that the impact of inflation should be taken seriously and reaffirmed that interest rates are focused on combating inflation. In a formal policy report to parliament, the Bank of Korea said a weak victory was expected to raise 0.34 percent of the consumer price index for the first quarter of a 3.8% increase over the previous year. During January-March, winnings dropped by 7.5% against the dollar since last year, an increase of 5.6% over the past three months, according to a central bank statement. key points from a record low of 0.5% from August to contain inflation.
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