Economy Hits Recovery Milestone.

The Ministry of Finance released its "Green Book" monthly report today, marking the fifth consecutive month describing the economy as being on a "recovery path." This is largely driven by a massive 28.7% surge in semiconductor exports. However, it’s not all smooth sailing—the government warned that the ongoing Iran conflict and rising oil prices (now nearing $100/barrel) are significant "downside risks" that could impact domestic prices and the value of the won.

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