South Korea seen cutting rates this week as exports extend slump - Reuters poll
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SEOUL (Reuters) - South Korea's central bank is expected to cut its policy rate to a record low on Thursday, as the coronavirus pandemic hits exports in the trade-reliant economy and prospects of a second wave of infections cloud the outlook.Twelve of 19 analysts surveyed by Reuters expect the Bank of Korea (BOK) to cut its base rate by 25 basis points to 0.50% after a 50 basis point emergency cut in mid-March and new quantitative easing measures."The impact of COVID-19 has started..