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Reuters ahead with Bank of Korea rate decision

Reuters led by one second on the Bank of Korea’s unexpected decision in February to stand pat on rate policy despite the threat to its economy from the corona virus outbreak, while leading across the board on other key news from the central bank’s policy statement, including an eight second win on a cut to its 2020 GDP forecast and a four second win on a 5 trillion won top-up to its special loan programs.

Market reaction:

The won and South Korean bond yields rose after the surprise decision.