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BOK having 2nd thoughts on rate raise

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BSI hits 8-year high, industrial output grows for 11th month

By Kim Jae-kyoung

Staff reporter

A week ahead of a monetary policy committee meeting slated for July 9, Bank of Korea (BOK) Governor Kim Choong-soo and his rate-setting colleagues may feel embarrassed by the renewed woes over a double-dip recession abroad.

With a series of indicators pointing to a sustainable economic recovery, the top