South Korea
Korea asks China for dollar-swap deal
The Bank of Korea on Tuesday confirmed that it had asked the People's Bank of China for a dollar-swap line after reports emerged on the proposed facility.
Korea cuts by 75bp on signs of slowdown
The Bank of Korea on Monday slashed its key rate by 75 basis points in a surprise move to counter an economic slowdown. The central bank also broadened its collateral rules to include some mortgage-backed securities on signs of a liquidity shortage.
Korea's Lee urges caution
Central banks need to be cautious in coping with price pressures as financial markets are very unstable and their future direction is unclear, said Seongtae Lee, the governor of the Bank of Korea.
Korea guarantees banks' foreign debt
The Korean government has announced bolds initiative to help its financial institutions overcome difficulties in securing overseas funding.
Korea unexpectedly raises rates
The Bank of Korea raised its benchmark rate to an eight-year high on Thursday in a surprise move.
Korean growth slows
Korea's economy slowed in June as the pace of CPI inflation picked up. The increase in the CPI was mainly due to high oil prices, said the Bank of Korea in its second quarterly bulletin for 2008.
Bank of Korea - Annual Report 2007
The total assets of the Bank of Korea rose by almost 7% during 2007, the central bank said in its latest Annual Report.
Seoul moves to stem won slide
The Bank of Korea and ministry of finance issued a joint statement on Monday declaring their intention to intervene to prevent further falls in the foreign exchange market.
Korean SWF could buy Lehman stake
Korea's sovereign wealth fund is one of a number of the country's official institutions that could inject funds into Lehman Brothers, an investment bank, it was revealed on Thursday.
Korea's Lee on uncertainty
Seongtae Lee, the governor of the Bank of Korea, highlighted the vast contrast in views on how best to handle uncertainty.
New members of Bank of Korea's MPC
Lee Myung-bak, the president of South Korea, has appointed three professors as new members of the Bank of Korea's Monetary Policy Committee.
Korea's Seong-Tae Lee on household debt oversight
To maintain the soundness of Korean household debt, policymakers must avoid a housing boom and bust cycle said Seong-Tae Lee, the governor of the country's central bank.
Coin misuse trouble Bank of Korea
Korean ten-won coins have recently found favour as decorative pendants - a development that has the Bank of Korea worried.
Korea keeps rates at 5%
The Bank of Korea opted to hold rates for the sixth straight month in the face of rising inflation.
Complex rules pose a threat to stability
Opaque regulations not only deepen financial instability but also raise the likelihood of banking crises, research published by the Bank of Korea finds.
New Korean government to leave central bank alone
South Korea's incoming government, elected in December, will respect the Bank of Korea's independence, an official said on Wednesday.
Korean rates on hold amid uncertainty
The Bank of Korea's rate-setting monetary policy committee kept the benchmark uncollateralised overnight rate at 5% despite an increase in inflation.
Bank of Korea - Annual Report 2006
Korean growth edged up to 5% in 2006, from 4.2% the previous year.
Korea holds rates at 5%
The Bank of Korea's Monetary Policy Committee decided on Thursday to keep its call rate target at 5%.
Korea holds rates at highest level for six years
The Bank of Korea's rate-setting board decided to leave its benchmark rate at a six-year high of 5% on Thursday.
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 looks to curb debt with surprise rate hike
The Bank of Korea raised its overnight call rate for the second time in as many months on Thursday in an effort to avoid household debt spiralling out of control.
Korea plans new high-denomination banknotes
The Bank of Korea has drawn up a pool of ten historic figures for the design of its new 50,000 and 100,000 won banknotes, scheduled to debut in early 2009.