SEOUL -- South Korea's central bank on Thursday upgraded its economic growth forecast for this year to 4%, reflecting a speedy recovery in exports and corporate investment as well as improvements in private consumption and employment.
Central bank holds key rate at 0.5% but vows 'not to be late' on normalizing
South Korea's central bank sees the economy growing at its fastest clip since 2010 thanks in part to brisk exports. © Reuters
SEOUL -- South Korea's central bank on Thursday upgraded its economic growth forecast for this year to 4%, reflecting a speedy recovery in exports and corporate investment as well as improvements in private consumption and employment.