Monetary policy makers in South Korea decided to keep interest rates unchanged at 2.00% for the 10th straight month meeting forecasts. The Korean economy expanded 3.2% in the third quarter, the fastest pace in nearly seven years, as exports continued to increase, while the government increased spending.

Monetary policy makers kept borrowing costs unchanged, aiming at supporting economic recovery, in addition to avoiding more raise in the won's value against the American dollar, as it corrodes corporate earnings and make the Korean products lose a competitive advantage.