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Bank of Korea cuts growth, inflation forecasts on instability

Published Thu, Jan 14, 2016 · 09:50 PM

Seoul

THE Bank of Korea (BOK) cut its forecasts for economic growth and inflation and held its key interest rate at a record low as instability from China reverberates in global financial markets.

Governor Lee Ju Yeol faces the task of spurring inflation to a new 2 per …

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