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South Korea's central bank lowers 2012 growth outlook
Seoul, April 16 (IANS) South Korea's central bank Monday lowered its economic growth outlook for 2012 to 3.5 percent from an earlier estimate of 3.7 percent due to deteriorating terms of trading and slower export growth amid the lingering uncertainties in the euro area. The Bank of Korea (BOK) revised down its outlook for the country's 2012 gross domestic product (GDP) growth to 3.5 percent, down