BOK union criticises gov't MPC meddling

SOUTH KOREA - The Ministry of Finance and Economy should stop intervening in appointments of interest-setting Monetary Policy Committee (MPC) members, the labor union of the Bank of Korea asserted yesterday.

In a press conference held at the bank, Byon Sung-sik, the leader of the central bank trade union, said the government's appointment of Kang Young-ju, a former MPC member, as chairman of the Korea Stock Exchange is clear evidence that the finance ministry is wielding its power in constitut

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