Korea Export Momentum Continues, Easing Monetary Policy Pressure

South Korea’s exports accelerated in February, reinforcing the central bank’s view that solid semiconductor demand is helping cushion the economy as it maintains a neutral policy stance while monitoring financial stability risks.

The value of shipments adjusted for working-day differences increased 49.3% from a year earlier, according to data released Sunday by the trade ministry. That compared with a revised 34% gain for the full month of January.