South Korean central bank says GDP could shrink faster.

BANKING AND CREDIT NEWS-June 2, 2020--South Korean central bank says GDP could shrink faster

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Global Banking News - 02 June 2020

The South Korea central bank has said that the nation's GDP could shrink faster.

The apex bank said that it is expecting economic contraction to worsen as the coronavirus outbreak hits consumer demand and economic activity even harder. It said that the economy could shrink by at least 2 percent in the...

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