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The chief of the Bank of Korea (BOK) has been elected to the highest decision-making body of the Bank for International Settlements (BIS), Seoul's central bank said Tuesday. BOK Go...
Bank of Korea deputy chief Ryoo Sang-dai says it is time to consider rate hikes, with forward guidance set to turn hawkish at the May 28 meeting under new governor Shin Hyun-song....
The Bank of Korea (BOK) is expected to hold its benchmark interest rate at its May meeting, following the U.S. Federal Reserve’s decision to keep its policy rate unchanged, local a...
Korea recorded its largest-ever monthly current account surplus in February, driven by a semiconductor upcycle and strong exports, central bank data showed Wednesday. The current a...
As Shin Hyun Song takes the helm of the Bank of Korea, the economist is taking on an ambitious task: making the won a global currency without jolting capital flows.
New Bank of Korea governor Shin Hyun-song supported CBDCs and deposit tokens in his first address, while stablecoins were notably absent from his remarks.The newly appointed Govern...
The Korean won has remained relatively weak in recent months, but the country has sufficient dollar liquidity to respond to external shocks, Shin Hyun-song, nominee for the head of...
Korea's top central banker will attend a meeting of the Group of 20 (G20) finance ministers and central bank chiefs to be held in the United States this week, officials said Sunday...
The Asian Development Bank (ADB) has raised its growth outlook for Korea this year to 1.9 percent on the back of rising exports and improved private consumption, Seoul's finance mi...
Bank of Korea (BOK) Gov. nominee Shin Hyun-song suggested that Korea’s benchmark interest rate is currently around the midpoint of the neutral range, according to an opposition law...
If tensions in the Middle East stabilize, the won-dollar exchange rate will likely “fall back just as quickly as it surged,” Bank of Korea (BOK) Gov. Rhee Chang-yong said Friday. T...
The central bank on Monday called for the introduction of mechanisms similar to the bourse operator's circuit breakers for cryptocurrency exchanges, citing the absence of such syst...
Bank of Korea Governor Shin Hyun-song backed CBDC and deposit tokens, while leaving stablecoins out of his first speech.
The newly appointed Governor of the Bank of Korea (BOK) has delivered his first policy address in office, highlighting central bank digital currencies (CBDCs) and bank-issued depos...
South Korea’s central bank is urging local cryptocurrency exchanges to adopt stock market style circuit breakers, driving a push for new South Korea crypto regulation. The Bank of...
Bithumb accidentally sent customers 620,000 Bitcoin instead of 620,000 Korean won in February. The Bank of Korea wants lawmakers to make it so it doesn't happen again.
Bank Indonesia and the Bank of Korea have launched cross-border QR payment connectivity between Indonesia and South Korea, allowing Indonesians to make transactions in South Korea...
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