South Korea has cut interest rates in a surprise move aimed at boosting growth and countering the weak Japanese yen.
Its central bank, the Bank of Korea, lowered its benchmark rate from 2.5% to 2.25%, the first cut in seven months.
Showing posts with label South Korean economy. Show all posts
Showing posts with label South Korean economy. Show all posts
Thursday, May 9, 2013
Monday, June 4, 2012
South Korean economy may be slowing, but it’s not all bad news
The South Korean economy's ( EWY , quote ) industrial output growth slowed to 0.5% for the month of April, according to data released this week.
Subscribe to:
Posts (Atom)