South Korea GDP Rises.

The debate on whether the central bank will increase interest rates early next year continues as the government releases more positive economic news such as an improvement in the 3rd quarter GDP growth. The government reported that the 3rd quarter GDP growth rate increase by 3.2% from the previous quarter and 0.9% from the same period in 2008. Economists ay the Bank of Korea may find it hard to tighten policy further next year since economic growth will likely be better than expected.