Moody's: Korea view positive

Moody's Investors Service said it changed the outlook on the Republic of Korea's A1 government bond rating to positive from stable.

Moody's said Korea's fiscal fundamentals are very well placed among its like-rated advanced and emerging economy peers.

Its fiscal fundamentals have withstood the global financial crisis, as well as the ongoing Eurozone crisis and the drag in global growth, the agency said.

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