The South Korean central bank has kept its benchmark interest rate at one-point-25 percent.

In its monthly monetary policy meeting on Thursday, the Bank of Korea(BOK) decided to keep the borrowing cost at the record-low level.

The Bank of Korea(BOK) appears to be taking a wait-and-see approach after a surprise 25 basis point cut last month.
 
Analysts said that the government's decision to allocate a supplementary budget of ten-trillion won in the second half and an expected delay in the U.S. Federal Reserve's interest rate hike have given the BOK room to wait.