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SOUTH KOREA EXPORTS DECLINE, HIGHLIGHT SUBDUED ECONOMY
March 1, 2013
SEOUL - South Korea has reported that its February exports fell by 8.6% y/y on a stronger won and the effects of less working days in the month due to the Lunar New Year. BBVA says it expects Korea’s economy to gradually improve on a pick-up in the global environment, athough a strong won may present headwinds (ATI).