South Korea's exports expand to 22-month high reaching $58.2B

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Asia Pacific

South Korea's exports expand to 22-month high reaching $58.2B

South Korea is recording some substantial growth in its export sector, driving the economy to levels unseen in more than 2 years. This is all in the context of the central bank raising rates and keeping them steady at 3.5%. So what’s behind these demands for exports and how is it benefiting the economy? Emre Boz reports.

June 5, 2024