Roundup: S. Korea freezes policy rate at 3.5 pct for 11th time

SEOUL, May 23 (Xinhua) -- South Korea's central bank on Thursday froze its policy rate for the 11th successive time amid lingering uncertainties over inflation, economic growth and household debts.

Bank of Korea (BOK) Governor Rhee Chang-yong and other monetary policymakers unanimously decided to leave the benchmark seven-day repurchase rate unchanged at 3.50 percent.

It was in line with market expectatio