South Korean government affirms stimulus, but central bank unlikely to lower rate

05/7/2013 | MK.co.kr (South Korea) · MK.co.kr (South Korea)

Amid lingering uncertainties in the U.S., Europe and Japan, South Korea's Ministry of Strategy and Finance said the government will continue policies designed to raise exports and revive the domestic economy. However, the Bank of Korea, responding to mixed economic signals globally, is considered unlikely to lower its benchmark interest rate.

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MK.co.kr (South Korea) · MK.co.kr (South Korea)

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