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Monetary Policy Decision

Monetary Policy Department (Monetary Policy Planning & Coordination Team (Tel : 82-2-759-4461)) 2004.02.06 1720



□ The Monetary Policy Committee of the Bank of Korea decided today to maintain the benchmark call rate (uncollateralized overnight rate) at its current level (3.75%) for the intermeeting period.

(An unofficial English translation based on the Korean original of the decision on monetary policy taken by the Monetary Policy Committee on February 6, 2004 is attached.)