South Korea’s 7-day repo rate remains unchanged 

The Bank of Korea maintain the interest rate at its record low, as it is for the seventh straight month, and stressing on sustaining the growing risks from Europe's debt crisis, yet the weaker won threatens to stimulate inflation.

Also, the BoK's Governor Kim Choong Soo and his policy board kept the benchmark seven-day repurchase rate unchanged at 3.25 percent, as it came in line with both of the prior and expectation readings.

On the other hand, the inflation in Asia's fourth-largest economy is above the targeted level by 1% of the past decade; which jeopardizes the central bank's ability to protect growth.

Despite, Europe's woes and China's slowing in exports along with the death of North Korean leader Kim Jong Il last month pushed manufacturers' confidence to a 30-month low, yet the bank of Korea's (BoK) Governor Kim Choong Soo has avoided joining Australia and Thailand in cutting rates.