OECD advise independence for S Korea central bank

The Organization for Economic Cooperation and Development is set to recommend that South Korea guarantee more independence for its central bank in making monetary policy, it was reported on Tuesday.

The OECD's suggestion will be included in its assessment report on South Korea to be issued in March, the report added.

"The OECD report is expected to feature its request to the government that it give more independence for the central bank in its conduct of monetary policy," the daily quoted an an