Goldman Sachs sees better 2013 for South Korea

Citing a brighter-than-expected export picture, Goldman Sachs raised its forecast for South Korea's economic growth this year to 2.9% from 2.7%. Meanwhile, analysts say the Bank of Korea may be preparing to lower its growth forecast for next year, keying off the International Monetary Fund's expected decision to downgrade its global growth outlook for 2014.

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Yonhap News Agency (South Korea) · MK.co.kr (South Korea)

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