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Bank of Korea trims growth outlook, holds key rate

Seoul, South Korea - the bank of Korea (AP), for the country's economic growth is expected to cut since this year, due to the slowdown in business investment.
The bank of Korea Friday cut in 2013, Asia's fourth-largest economy forecast, from 1 0 month forecast of 3.2% to 2.8%.
The bank said, the company will be investment growth is expected to slow, because of the uncertainty of the global economic outlook.
JinZhongZhu state governor, said the bank left its key interest rate unchanged at 2.75%.
Mr Kim said, there's not much space for consumer spending growth is dependent on enterprise investment.



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