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Function: DB
Asian shares retreat from rally, South Korea raises rates
Asian shares retreat from rally, South Korea raises rates
The global inflationary pulse was also in the headlines as the South Korean central bank raised its base rate by 25 basis points to 0.75%, the first major economy in Asia to do so, after Sri Lanka hiked its base rate last week.
The global inflationary pulse was also in the headlines as the South Korean central bank raised its base rate by 25 basis points to 0.75%, the first major economy in Asia to do so, after Sri Lanka hiked its base rate last week.