Moody'sraisedthecredit rating forSouth Koreatopositiveafter they had beenclassifiedas stable, andthis recent improvementwasa result ofthe forces ofthe financial situation ofSouth Koreaalong with improving thefinancial market conditions.

As, Moody's also expecting that South Korea's economywill growatan appropriatelevel ofGDP in themedium term, meanwhilethe wonroseafterthe statement upby 0.5% to1126.98against the U.S. dollar.