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Bank of South Korea

Bank of South Korea latest

Bank of South Korea: No Need to Cut GDP Growth Forecasts
September 23rd, 2020 - 06:30 GMT

Bank of South Korea: No Need to Cut GDP Growth Forecasts

South Korea’s central bank said on Tuesday it sees no need to downgrade its current economic growth projections, even after the government imposed tougher social distancing measures to curb a fresh spike in coronavirus cases. “South Korea’s economy is currently on track to meet (the Bank of Korea’s) growth forecasts,” Kim Woong, director-general of the bank’s research department said, according to Reuters. “There haven’t been any (economic) indicators since the ...
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