South Korea's central bank cut benchmark interest rates for a second straight meeting on Thursday in a surprise move as the economy stalled and inflation slowed more than policymakers predicted.

This was the first time the BOK enacted two back-to-back cuts since 2009. It had cut rates by 25 bps in its last meeting in October. Economists polled by Reuters had estimated the

South Korea’s central bank has lowered its key policy rate for the second straight month and says the country’s economy will grow at a slower pace than it initially anticipated

"For the Republic of Korea, these actions pose a serious threat, as North Korean troops are gaining combat experience, which could present additional security challenges in the region in the future," Defense Minister Rustem Umerov said following his visit to South Korea.

After North Korean servicemen appeared in our war, South Korea sees this as a direct threat to its own country. Therefore, the assistance has already started… Before this, I am sure there were discussions,