South Korea
Central banks of Korea and Italy boost co-operation on payment systems
Bank of Korea and Bank of Italy to exchange knowledge on RTGS and CBDC
Bank of Korea holds rates and raises inflation forecasts
Governor says interest rates could stay high for more than six months
Korea plans to run a CBDC pilot next year
Bank of Korea and financial regulators plan to involve 100,000 citizens in a real-world CBDC pilot in Q4
Strong dollar harms EME bond market liquidity – BIS paper
Dealer intermediation vulnerable to both “original sin” and “original sin redux”
Bank of Korea continues rate pause
Central bank cites ‘uncertainties’ in deciding to hold
South Korea and Indonesia hold rates
Bank Indonesia says it will issue securities in bid to bolster rupiah
Bank of Korea to boost emergency liquidity over bank run fears
Central bank will lower rate and accept more collateral amid scare over credit union’s deposits
South Korea’s central bank holds rates steady again
Governor says board agreed restrictive policy should continue for a considerable time
BoK and Samsung strengthen ties on offline CBDC research
Central bank and tech giant to look at ways to minimise security risks with offline CBDC payments
Korean and Indonesian central banks sign bilateral transactions MoU
Agreement aims to let firms directly exchange won and rupiah without dollar conversion
BoK pauses again as inflation slows
Governor Rhee Chang-yong warns against expectations of a rate cut this year
South Korea holds rates for first time in 12 months
Governor says further rate hikes are possible as figures show economic contraction in last quarter
RBA and BoK lengthen swap deal
New swap agreement will be effective for five years
Bank of Korea raises policy rate to 14-year high
Two central bank board members voted to hold the rate steady
The rise of non-SDR currency reserves
New Cofer data release may show an overall fall in FX reserves, writes Gary Smith
Bank of Korea raises rates to highest level since 2012
Governor says board expects to continue increasing rates “for some time”
BoK governor highlights difficulty in forward guidance
Rhee Chang-yong says he may reassess forward guidance amid exchange rate pressure
Bank of Korea raises rate to highest level in 10 years
Governor Chang-yong Rhee says board members divided on size of next hike
US and Korea agree to set up liquidity facilities if necessary
It is still unclear whether the facilities would involve a currency swap line
Korean MPC tightens policy again and raises inflation forecast
Governor says central bank likely to continue with 25bp hikes as core inflation rises
Bank of Korea lifts key rate by half a point to fight inflation
Central bank also warns of high downside risks to the economy
Asian central banks deploy FX reserves to prop up currencies
Analysts remain confident in Asia’s financial stability, but recession risks are building
Bank of Korea raises policy rate again
Policy-makers expect high inflation for rest of year
South Korean inflation climbs to 13-year high
Central bank concerned about record price rises