Muted Reaction to Rate Cut for South Korea Hedged ETFs
March 12, 2015 at 13:30 PM EDT
The Bank of Korea, South Korea’s central bank, joined the spate of global central banks lowering interest rates when pared borrowing costs to a record low of 1.75% earlier Thursday. In becoming at least the 24th central bank to lower rates this year, and one of a growing number of emerging markets...