cheapbag214s
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 Posted: Tue 10:26, 12 Nov 2013 Post subject: Yonhap News Agency reported.South Korea |
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Weaker Japanese yen may affect South Korean exports
SEOUL, June 30 () -- South Korean exports were off 0.9 percent in June year-on-year to $46.73 billion, the first such decline in four months, the government said Monday.The June preliminary data released by the Ministry of Trade, Industry and Energy compared with a 3.2 percent increase in exports in May year-on-year.The ministry said the June decline was attributable to fewer working days compared to the same month of last year, Yonhap News Agency reported.South Korea,[url=http://www.tymarc.com/]cheap christian louboutin[/url], Asia's fourth-largest economy after China,[url=http://www.ewwealth.com/]louboutin sale[/url], Japan and India, is heavily dependent on exports. The government also remains concerned about the declining yen which makes Japanese goods cheaper in markets where South Korean products compete.Despite lower exports in June, the country earned a trade surplus of $5.52 billion as imports for the month also were down 1.8 percent to $41.21 billion,[url=http://www.ksacinc.com/cheapbeats/?]cheap beats[/url], Yonhap News Agency reported. June represented the 17th straight month of trade surplus.In the first six months of this year, South Korea has earned a trade surplus of $19.6 billion.
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