South Korea

Bank of Korea admits to monetary policy problems

Lee Seong-tae, governor of Bank of Korea, said the central bank has problems in carrying out monetary policy effectively because of cross-border capital transactions that lead to increases in the money supply in spite of rises in key interest rates.

Ryback moves to Korean regulator

William Ryback, the former deputy chief executive of the Hong Kong Monetary Authority, is to join the Financial Supervisory Service (FSS), Korea's market regulator.

Korea's CPI rises 2.5% in a year

South Korea's consumer price index (CPI) rose to within the central bank's inflation target in June, according to preliminary figures from the country's National Statistical Office.

BOK running out of reserves

According to this article published by The Korea Times on Monday 26 February, the Bank of Korea is finding it increasingly difficult to boost its reserves as its losses grow.

BOK chief says reserves may go to overseas stocks

South Korea is considering investing part of its foreign reserves in overseas blue-chip stocks in an attempt to increase investment returns, Yonhap news agency cited the Bank of Korea chief as saying Thursday 8 February.

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 individual account

.