empty
 
 

2014.04.1706:15:00UTC+00Growth/inflation Mix may Become more Krw-Supportive

Quotes from Standard Chartered:

-Korea's GDP growth is healthier than the trade data alone would suggest-real GDP rose 3.7% y/y in Q1-2014, the strongest since Q1 2013. Growth is likely to stabilise around these levels in the coming quarters, but the growth/inflation mix may become more KRW-supportive, as CPI inflation is likely to rebound to 3.4% y/y by Q4-2014 (from 2.1% y/y in March). This, alongside improving exports, may make the BoK a little more tolerant of local FX appreciation in late 2014.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback