Bank of Korea (BoK)
South Korean central bank tests blockchain for bond markets
Bank of Korea is the latest to test DLT-based system for transactions
Bank of Korea will superheat banknotes to stop coronavirus
People looking to exchange currency will have to go through heat monitor
Bank of Korea stops handling overseas cash as coronavirus spreads
Central bank says it will not accept cash from abroad until further notice
RBA and Bank of Korea expand local currency swap agreement
The initial deal was signed in 2014 and has been renewed every three years
Bank of Korea cuts rates back to record low
Governor hints at further cuts after year-on-year inflation entered negative territory in September
Bank of Korea warns of worsening financial stability as exports fall
More rate cuts expected as South Korean exports fall for 10 consecutive months
Bank of Korea cuts rates for first time in three years
Central bank warns of trade tensions as official figures show economy contracted in first quarter
South Korean governor lays ground for rate cut
Rate cut seems more appealing to the BoK amid worsening trade war
Central Banking’s ‘Leaders’ for custody, banking and gold
Central banks want integrated custody platforms and real-time data from custodians as the low-yield environment drives demand for banking services and increases the relative attractiveness of gold
IMF urges Bank of Korea to pursue ‘accommodative policy stance’
Fund urges central bank to implement “light” macro-prudential policies
CBDC is mixed bag for financial stability – Bank of Korea
Central bank paper highlights stability concerns but says there are instances within which a CBDC could strengthen stability
Korea’s sluggish economy dampens growth prospects
Bank of Korea revises growth forecasts and leaves interest rates on hold
People: Former Malawian governor dies
Mathews Chikaonda served as governor in the 1990s; new senior appointments made at the BIS; and more
Reserve management practices are splintering
Traditional approaches to reserves management are breaking down, writes Jennifer Johnson-Calari
South Korea will publish data on forex interventions
US Treasury report called recent South Korean forex moves “concerning”
People: Weidmann re-elected as chair of BIS board
Korea appoints deputies; new Malaysian prime minister appoints team of economic advisers; new vice presidents in Richmond and Atlanta
Central Banking Awards 2018: Gallery
See the winners from the big night, including leading figures from across the industry who came to pick up their awards
People: South Korea’s Juyeol Lee nominated for new term
South Korean president nominates Lee for fresh four-year term; SNB’s Wiedmer steps down; State Bank of Vietnam appoints new banking supervisors
Bank of Korea unveils changes to its DSGE model
The existing model’s accuracy was reduced following structural changes in the economy
The winners of the 2018 Central Banking Awards
Bank of Canada wins Central Bank of the Year, Lesetja Kganyago picks up Governor of the Year and Perng Fai-nan receives Lifetime Achievement Award; 16 more awards unveiled
Reserve manager of the year: Bank of Korea
The South Korean central bank has revamped its reserve operations, and adopted a proactive approach to managing risks and returns that is matched by few of its peers
Asian central banks crack down on cryptocurrency
Central banks in China, Korea, Malaysia and Singapore all taking action as cryptocurrency prices slump
Bank of Korea on hold amid policy dilemma
Strong won and benign inflation likely to keep the BoK on hold in the first half of 2018
Bank of Korea makes first hike in six years
Central bank triggers hiking cycle despite below-target inflation, as economy shows “solid” growth