BOK head should be guaranteed 4-year term-Union

SOUTH KOREA - The Bank of Korea (BOK) governor should be guaranteed a four-year term regardless of the results of the presidential election scheduled for December this year, BOK's labor union and a civic group maintained yesterday, reports the Korea Herald.

"The BOK head should be guaranteed the term of office in order to ensure that the central bank remains independent from government influence," said Prof. Kwon Young-jun of Kyunghee University in a statement. The labor union of the central b