BOK chief brushes off inflation worry

Bank of Korea governor Park Seung said Monday 10 November at the BIS meeting in Bangkok "It's true that Korea's foreign-exchange holdings have grown considerably this year, putting upward pressure on the money supply".

Source: Korea Herald

With concerns building over Korea's swelling foreign-exchange reserves applying inflationary pressure, the nation's top central banker has argued that the rise, spurred by a growing trade surplus and currency intervention, is well under control.

"It's true th

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: