4/30/2013

The Bank of Korea's decision to leave its key interest rate unchanged in April came on a vote of 4 to 3, according to minutes of the bank's meeting. News of the narrow decision emerged as Statistics Korea reported a 2.6% month-on-month decline in March industrial output, the steepest pullback in a year. Meanwhile, the Business Survey Index for April improved by four points to 79, still well below the 100 break-even mark.

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