Arab Today, arab today foreign ibs cut 2012 growth outlook for korean economy
Last Updated : GMT 13:41:06
Arab Today, arab today
Arab Today, arab today

Foreign IBs cut 2012 growth outlook for Korean economy

Arab Today, arab today

Arab Today, arab today Foreign IBs cut 2012 growth outlook for Korean economy

Seoul - Yonhap

Major foreign investment banks slashed their growth projections for the South Korean economy next year to an average of 3.8 percent, saying the global economic slowdown will hit the country\'s export growth, data showed Wednesday.The growth outlook was downgraded from an average of 3.9 percent estimated in October by 10 foreign investment banks including Barclays Capital, according to data compiled by the Korea Center for International Finance.

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