New governor aims to restore trust in Bank of Korea


Juyeol Lee, the freshly appointed governor of the Bank of Korea, spoke in his inaugural address this month of the need to redefine the central bank's role in light of "changes in the economic structure and the external environment".

Lee highlighted popular demands that the Bank of Korea "review and discuss in earnest" how its policy objectives and instruments should be changed. He said reaching a "social consensus" on the issue might take time, but would allow the central bank to evolve into a

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