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S.Korea c.bank holds interest rates for fourth month

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Published: Wednesday, 13 Feb 2013 | 8:11 PM ET

SEOUL, Feb 14 (Reuters) - South Korea's central bank held interest rates steady for a fourth straight month on Thursday, in line with with market expectations, as the world's biggest economies show signs of improvement and domestic inflation remains low.

The Bank of Korea's monetary policy committee held its base rate steady at 2.75 percent, a media official said without elaborating. Governor Kim Choong-soo is due to hold a news conference from 11:20 a.m. (0220 GMT).

Seventeen out of 21 analysts surveyed by Reuters forecast the Bank of Korea would hold rates steady on Thursday, with the remaining four predicting the central bank would cut rates. Ten analysts surveyed said the central bank will deliver a cut this year.

(Reporting by Christine Kim; Editing by Eric Meijer and David Chance)

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SEOUL, Feb 14- South Korea's central bank held interest rates steady for a fourth straight month on Thursday, in line with with market expectations, as the world's biggest economies show signs of improvement and domestic inflation remains low.

   
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