X

BOK raises growth outlook of Korea's economy to 2.6%

By Korea Herald
Published : April 13, 2017 - 11:33
South Korea's central bank on Thursday revised up its growth outlook for Asia's fourth-largest economy to 2.6 percent from 2.5 percent for 2017.


(Yonhap)


BOK Gov. Lee Ju-yeol announced the estimate in a news conference after the BOK Monetary Policy Board kept its policy rate at an all-time low of 1.25 percent in April.

The BOK's gross domestic product growth estimate for 2017 is 0.1 percentage point higher than the central bank's estimate released in January. (Yonhap)

MOST POPULAR

More articles by this writerBack to List