BOK pledges to maintain price stability

The Bank of Korea said on Wednesday 5 January that it will focus on making sure the country does not exceed its inflation target this year, while promoting coodination between monetary, fiscal, foreign exchange and regulatory policies.

During the year's first meeting of the Monetary Policy Committee, members reaffirmed their target for core inflation at between 2.5 percent and 3.5 percent.

"Real economic activities will remain sluggish in the first half but will begin a slow recovery in the sec

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