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Bank of Korea Governor Lee Ju-yeol took a more upbeat view of the economy on Friday in comments that suggest he is comfortable keeping policy on hold for the time being despite calls on his policy board for rate cuts.

The central bank left its seven-day repurchase rate unchanged at 1.25% in its first policy decision of the year, an outcome forecast by all but one of 22 analysts surveyed by Bloomberg.

In line with a growing view that the world economy is over the worst of slowdown, Lee said he saw more pluses than minuses for Korea, adding that 2020 growth would largely

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